OKX NOW Conference (Singapore)

ChainCatcher live report, at the OKX NOW conference roundtable "Next Generation Financial System: Who Will Build It?", Mastercard's Executive Vice President of Blockchain and Digital Assets Raj Dhamodharan looked ahead to the payment landscape ten years from now: the underlying rails will change, new technologies such as stablecoins will be applied more behind the scenes, but the simplicity and trust of user experience will not change. He pointed out that stablecoins' "almost zero-cost transfers" are just the surface; cross-border payments still require a multi-layered combination of local liquidity and compliance systems, "payment rails are just one of the raw materials."Also present, OKX Global Managing Partner and CMO Haider Rafique revealed two sets of industry data: the global stablecoin market size is approximately $250 billion, and there are over 700 million crypto users; he also confirmed that the OKX Card exclusively uses the Mastercard network in markets such as Europe, and both parties are exploring cooperation in payment and AI-driven e-commerce.

ChainCatcher live report, at the OKX NOW Global Products and Ecosystem Conference (Singapore), OKX Vice President of Strategic Markets Louis Tam announced during a roundtable session that OKX and ICE have submitted a notice to the SEC regarding a tokenized securities trading venue, and eligible OKX customers can now trade perpetual contracts referencing ICE Brent and WTI benchmarks;Former New York Governor and OKX Board Member Governor Andrew Cuomo confirmed that the venue is expected to operate under the SEC's "innovation exemption" mechanism, with a launch anticipated in about 30 days, and the SEC has set limits on the number of tradable stocks and trading volume. Cuomo believes this marks a shift from competition to cooperation and integration between traditional finance and crypto fintech.

ChainCatcher live report, at the OKX NOW Global Product and Ecosystem Conference (Singapore), the OKX Pay team introduced that the stablecoin savings and payment application OKX Money is now available in over 30 countries, primarily targeting non-traders and non-crypto native users; the team demonstrated a transfer from Singapore to Venezuela that arrived in seconds.According to the introduction, the OKX Money account is built on self-custodied smart accounts and operates on the X Layer wallet network; the Pay Boost feature launched for European users supports continuous interest accrual, with spending directly deducted from the interest-earning balance, while the remaining funds continue to appreciate.The team also previewed that it will support AI agents (after user authorization) to create investment strategies and execute small transactions within OKX Money.

ChainCatcher live report, at the OKX NOW Global Products and Ecosystem Conference (Singapore), the OKX AI team elaborated on its core philosophy, which is "AI and finance start with the user": AI needs to understand user intent, respect the boundaries set by users, and return to the user at decision points that require human judgment.Based on this philosophy, the team stated that they have built a complete set of capabilities to help AI entities scale from "intelligence" to "action": the Agent Trade Kit allows users' AI entities to connect directly to OKX exchange data and execute trades; the On-chain OS supports operating on-chain assets using natural language, the Agentic Wallet allows funding to be allocated to the AI within preset guardrails; the OKX AI entity marketplace supports subscribing to signals from professional trading entities and authorizing copy trading; developers can monetize their own models through the AI Builder program.

ChainCatcher live report, at the OKX NOW Global Product and Ecosystem Conference (Singapore), the OKX on-chain team demonstrated the newly launched DEX trading terminal: integrating popular token screening, on-chain capital flow tracking, social sentiment monitoring, and one-click instant trading, supporting users to customize their workspace.The team introduced that the total trading volume of decentralized perpetual and spot markets exceeded 1 trillion US dollars in the past 30 days; the scale of on-chain tokenized RWA has increased from about 2 billion US dollars to nearly 40 billion US dollars; the DeFi TVL of OKX's high-performance network X Layer has grown approximately 11 times this year, reaching a historical high in September. In addition, OKX has also launched Exchange OS for builders, opening its exchange infrastructure for the creation of on-chain markets.

ChainCatcher live report, at the OKX NOW Global Product and Ecosystem Conference (Singapore), the OKX trading product team introduced that its tokenized stocks and TradFi perpetual market have an average daily trading volume of about 3 billion dollars, peaking at 9 billion dollars. The team revealed that in the coming months, they will launch underlying options products and their own tokenized stocks (xRWA); in addition, they also disclosed for the first time an AI Bot that is still in the testing phase, which allows users to generate trading strategies using natural language and complete backtesting and deployment.

ChainCatcher live report, at the OKX NOW Global Product and Ecosystem Conference (Singapore), Star stated that the cryptocurrency industry will enter a mainstream phase starting in 2025. He reviewed that the industry has gone through four stages: geek exploration, formation of financial markets, ICO and DeFi experiments, and compliance construction. Currently, OKX has obtained licenses or is under regulation in markets such as the United States, Europe, the United Arab Emirates, Singapore, Australia, Brazil, and Turkey.He added that Deloitte has become OKX's global auditing firm, and OKX may be one of the few international exchanges currently audited globally by one of the Big Four accounting firms.

ChainCatcher live report, at the OKX NOW Global Products and Ecosystem Conference (Singapore), Star stated that looking ahead to the next decade, the internet, cryptocurrency technology, and AI are converging. The internet enables globalization and immediacy of information, cryptocurrency technology allows for the globalization and programmability of value, and AI enables scalability and personalization of intelligence. The combination of these three could fundamentally change financial services: funds could flow globally around the clock, payment costs could be lower, and financial products could be more personalized, with services that were previously only available to affluent consumers expected to be accessible to everyone.He concluded that OKX aims to build a global, real-time, AI-driven fintech platform for the next generation.

ChainCatcher live report, at the OKX NOW Global Product and Ecosystem Conference (Singapore), Star stated that AI is no longer a pilot project for OKX, but a core infrastructure. Currently, about 95% of OKX's engineering code merge requests are primarily completed through AI workflows, with engineers still responsible for review and approval.He revealed that OKX paid up to 10 million dollars to large model companies for AI last month.