Bitcoin is entering a transformative era.
According to Coinglass data, Bitcoin ETFs have reached $56.113 billion in assets under management. Meanwhile, CompaniesMarketCap reports Bitcoin's market capitalization at $1.398 trillion—surpassing silver to become the eighth-largest global asset. Additionally, USDT's market cap has exceeded $100.5 billion, signaling strong momentum in the crypto market.
Against this backdrop, Bitcoin’s halving narrative and inscription innovations are fueling ecosystem growth across asset issuance standards, scaling protocols, and cross-chain solutions. As an early supporter, OKX Web3 is advancing infrastructure by integrating the Atomicals protocol (NFTs/ARC-20 tokens) and upgrading its Ordinals marketplace into a comprehensive Inscription Marketplace.
1. Upgraded Inscription Marketplace: One-Stop Access to Bitcoin’s Ecosystem
To understand ARC-20, we must first explore the Atomicals Protocol—a Bitcoin-native framework for minting and transferring:
- Non-fungible tokens (NFTs): Digital art, identities, domain names
- Fungible tokens (ARC-20): Each token is pegged to 1 satoshi, ensuring a minimum value
Key features of ARC-20:
- Requires computational work (similar to Bitcoin’s PoW) for minting
- UTXO-bound tokens enhance security
OKX Web3 now integrates multiple inscription protocols:
| Protocol | Functionality |
|----------------|------------------------|
| BRC-20 | Token trading |
| ARC-20 | Token/NFT trading |
| Rune Alpha | Experimental support |
Users can seamlessly trade assets via the OKX Web3 Wallet, with plans to expand based on market demand.
2. OKX Web3’s Bitcoin Ecosystem Strategy
Infrastructure Development
- Scaling Solutions: Supports Bitcoin Layer2 projects like Merlin Chain and B² Network.
- Cross-Chain: OKX DEX enables Bitcoin cross-chain transactions.
Investment Focus
OKX Ventures backs innovators such as:
- Babylon (staking protocol)
- BitSmiley (DeFi)
- Portal DeFi (cross-chain swaps)
A $10 million fund is dedicated to nurturing BTC ecosystem startups.
User-Centric Approach
Jason Lau, OKX Chief Innovation Officer, emphasizes:
"User needs drive our product evolution—whether refining wallet tools or integrating trending apps."
FAQ
Q: What’s the difference between ARC-20 and BRC-20?
A: ARC-20 tokens are UTXO-bound with PoW-like minting, while BRC-20 uses JSON-based inscriptions.
Q: Does OKX support Bitcoin Layer2s?
A: Yes, including Babylon and Merlin Chain.
Q: How does OKX ensure secure ARC-20 trading?
A: Through decentralized indexing and multi-signature wallet audits.
Disclaimer: This content highlights market trends—not financial advice. Always conduct independent research.