OKX CEO Star Xu Unveils Three-Phase Strategy for X Layer, Backed by $100M Vision Fund

On the X layer offline, the CEO of the OKX star XU acknowledged that the strategic precedence of the corporate is the institution of an open blockchain community. He confirmed that the Ethereum Layer 2 Rollup, X Layer, would be the primary infrastructure of the OKX pockets and alternate.

Three phases of X layer

Xu had a 3 -step route map. Part one consists of stablecoins similar to Tether (USDT) and USDG. The alternate already collaborated with Tether to attach the USDT0 with X layer, the pockets and the alternate. Part two hyperlinks the big Defi protocols similar to Aave, Uniswap, Balancer and Chainlink. It’s in truth the transfer that borrowing, commerce and oracle companies from X Layer opens. Part three begin stimulation packages. That’s the reason builders and tasks that work on X layer shall be rewarded by the Imaginative and prescient Fund, a 100 million fund from OKX.

Function of the Imaginative and prescient Fund

This funding fund of 100 million {dollars} is named the OKX Imaginative and prescient Fund and can make a number of stimulation rounds attainable. It is going to assist in initiating startups, protocols and groups that develop the X layer ecosystem. XU claimed that the fund was a sign of the dedication of the long-term expertise improvement of OKX as an alternative of worthwhile short-term.

X Layer is an Ethereum Layer 2 Roll Up. It saves prices, additionally will increase velocity and interoperability. It’s used along with the particle community pockets -tools and Zkstack safety modules. The OKX/ OKB token is now the X -layer gast smoking. X Layer is built-in with the pockets and alternate of OKX. Customers obtain steady entry to cross-chain Swaps, Stablecoins and Defi apps.

Market place

OKX is the second largest worldwide when it comes to commerce quantity. The X -layer strategy additionally improves its web3 and decentralized financing. Tether, Aave and Uniswap are related to extend liquidity and adoption. The OKX is a competitor of Binance and Coinbase within the Layer 2 competitors due to the Imaginative and prescient Fund.

OKX is confronted with laws issues. It has suspended the withdrawal and given the mainland of China within the 2020s and 2021. It presently has its headquarters in Hong Kong and Malta, though the worldwide laws can nonetheless make a distinction. In October two, 2025, X Layer is in its section one. USDT integration is energetic. Defi will work with Aave, Uniswap, Balancer and Chainlink. Incentive schedules will come right here. XU additionally known as the brand new cash chain the X layer, a hybrid of stablecoins, Defi and Web3 and runs on one scalable platform.