<ul><li>OKX is launching xBTC, a wrapped version of Bitcoin on the Aptos blockchain, allowing users to access wrapped BTC without minting or redemption fees.</li><li>xBTC is backed 1:1 by bitcoins held in OKX's custody, offering users the ability to mint xBTC on OKX, deposit, or withdraw to the blockchain starting May 22.</li><li>The launch of xBTC aims to enhance Bitcoin and Aptos DeFi utilities, leveraging the $1 billion TVL DeFi ecosystem on the Aptos chain.</li><li>OKX plans to start a special campaign for xBTC on May 23 to enable deeper integrations across the Aptos ecosystem, partnering with various decentralized platforms.</li></ul>

OKX Launches xBTC on Aptos Blockchain to Enhance Bitcoin-Backed DeFi

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