In the midst of the surging Bitcoin ecosystem, OKX Wallet has emerged as a dominant force—especially in the booming Ordinals and BRC20 markets. With strategic foresight, deep technical foundations, and a user-first philosophy, OKX Wallet isn't just participating in the Web3 revolution; it’s shaping it.
This article dives into an exclusive conversation with two key leaders behind OKX’s Web3 expansion: Kyle, head of OKX Web3 Marketplace and Discover, and Jason Wang, the driving force behind OKX’s Bitcoin wallet strategy. From team structure and technical architecture to future visions for Bitcoin’s evolving ecosystem, their insights reveal how OKX is positioning itself for long-term leadership.
The Origins: How They Entered the Crypto Space
Kyle’s journey began during university, where he immersed himself in early DeFi and NFT trends. A seasoned crypto believer with nearly a decade of experience, he started mining Ethereum using GPU rigs and engaged in deep trading on major exchanges. He joined OKX in 2020, initially focusing on data and growth products before transitioning to Web3 in 2021. Today, his focus centers on NFT marketplaces, including Ordinals and BRC20—two of the most talked-about innovations in the Bitcoin space.
Jason Wang entered crypto in 2017, captivated by Bitcoin’s hard fork that created BCH. The idea that holding one asset could yield another sparked his fascination with blockchain’s potential. In 2018, he co-developed Coco Wallet, a BCH-focused solution, gaining early product experience even before DeFi took off. By 2020, convinced of Web3’s vast possibilities, he joined OKX in March 2021 to lead wallet development—particularly around Bitcoin-native innovations.
👉 Discover how top crypto wallets are redefining user access to Web3
Behind the Scenes: Building a Web3 Powerhouse
Contrary to rumors suggesting a 500-person team, Jason clarified that while the Web3 division is substantial—spanning hundreds of members—exact figures aren't officially confirmed. What is clear is that OKX has invested heavily in infrastructure over the past five years.
“Our technical foundation wasn’t built overnight. It started years ago, aligned with our exchange operations,” said Jason.
This long-term investment enabled rapid adaptation when new trends like Ordinals emerged. Kyle emphasized that their agility comes not only from engineering strength but also from having OG (original gangster) users within the team—people who live and breathe crypto daily. These insiders act as both developers and power users, allowing OKX to detect shifts early and respond swiftly.
Though they hesitated at first—questioning whether Bitcoin inscription technology would gain traction—they eventually committed fully. By May, they launched a dedicated Ordinals marketplace, leveraging their mobile app advantage and robust indexing tools to capture early momentum.
Why the Initial Hesitation? Was It Cyclical?
The hesitation wasn’t due to market cycles, Kyle explained. Rather, it stemmed from skepticism about whether inscription tech could evolve beyond novelty. Compared to mature ecosystems like Ethereum’s DeFi, Bitcoin-based protocols felt underdeveloped.
But user demand changed everything.
“As soon as we saw strong community engagement and rising transaction volumes, we knew this was more than a fad,” Kyle said. “We accelerated development of parsing tools, chain indexing, and ultimately built our own marketplace.”
Jason added: “No one can predict the future perfectly. Some hesitation is natural—and healthy—for any serious builder.”
Dominance in the Bitcoin Ecosystem: Market Share & Vision
Today, OKX Wallet commands an estimated 80–90% share of the Ordinals and BRC20 wallet market. External partners regularly approach them for collaboration—an indicator of their industry influence.
While competitors like Binance have entered the space, Jason views this as positive:
“Competition brings attention. More participants mean broader adoption of Bitcoin DeFi, new use cases, and greater innovation.”
Their strategy isn’t just about dominance—it’s about ecosystem sustainability. They’re exploring long-term opportunities beyond speculative asset issuance (like BRC-20), including:
- Layer-2 solutions: Stacks, Liquid, and emerging projects showing promise.
- Lightning Network: A mature layer for fast, low-cost payments.
- Taproot Assets: A new protocol enabling stablecoins and tokenized assets over Lightning.
“These aren’t flash-in-the-pan trends,” Jason noted. “We invest where we see lasting utility.”
👉 See how next-gen wallets are unlocking Bitcoin’s full potential
Navigating Controversy: Staying Neutral in a Divided Ecosystem
With debates raging among developers like Luke Dashjr over the impact of inscriptions on Bitcoin’s network integrity, OKX maintains a neutral stance.
“We’re infrastructure,” Kyle stated. “Our job is to support users regardless of protocol wars.”
While Ordinals brought significant traffic and growth, OKX continues investing in non-controversial, scalable technologies like Lightning Network and SRC-20, ensuring resilience no matter how the ecosystem evolves.
KPIs vs OKRs: How Success Is Measured
Forget rigid KPIs—OKX uses OKR (Objectives and Key Results) to guide its Web3 vision.
“For us, user growth is paramount,” Jason said. “Transaction volume matters less than how many people adopt our tools and recommend them organically.”
This focus on user-centric metrics aligns with their mission: making Web3 accessible without compromising security or decentralization.
Challenging MetaMask: A Different Road to Adoption
MetaMask and Trust Wallet dominate Ethereum-based usage—but they lack native Bitcoin support. That’s where OKX sees its opening.
“We’re not trying to beat MetaMask at their game,” Kyle said. “We’re creating a different path.”
Their unique advantages include:
- Integrated exchange + wallet in one mobile app: Lowers entry barriers for traditional traders.
- Multi-chain support: Over 80 blockchains, including Bitcoin, Solana, Aptos, and all EVM chains—the broadest coverage in the industry.
- MPC and AA wallets: Eliminate complex private key management for beginners.
- Direct DApp integrations: Business development teams work closely with top protocols to ensure seamless wallet compatibility.
“Install OKX Wallet once—and access everything,” Kyle emphasized.
Their goal? To become the default gateway into Web3.
Where’s the Real Opportunity? Expert Insights on Future Trends
Both leaders shared bullish outlooks:
Kyle believes Bitcoin’s fundamentals are stronger than ever:
- End of U.S. rate hikes
- Approval of spot ETFs
- The upcoming halving
“Ordinals was arguably the biggest innovation on Bitcoin this year. It proved the network can support rich applications.”
He also sees growing importance in miner economics—post-halving, transaction fees will make up a larger portion of miner revenue, increasing incentives for network participation.
Jason is particularly excited about Lightning Network’s evolution:
- Taproot Assets enables stablecoin issuance over Lightning.
- Could revolutionize payments in emerging markets (e.g., Latin America, Africa).
- Offers real-world utility beyond speculation.
“If Bitcoin becomes a payment rail via Lightning, that changes everything,” he said.
Still, both caution against blind speculation—especially in illiquid markets like BRC20 tokens.
Frequently Asked Questions (FAQ)
Q: Does OKX Wallet support Bitcoin Ordinals and BRC-20 tokens?
A: Yes. OKX Wallet offers full support for creating, receiving, sending, and trading Ordinals and BRC-20 tokens through its integrated marketplace.
Q: How does OKX Wallet differ from MetaMask?
A: Unlike MetaMask, OKX supports native Bitcoin (BTC) transactions and inscriptions. It also integrates an exchange within the app and supports over 80 blockchains—more than any other wallet.
Q: Is OKX Wallet safe for beginners?
A: Absolutely. With MPC (Multi-Party Computation) and Account Abstraction (AA) options, users can enjoy enhanced security without managing seed phrases manually.
Q: Can I use DApps directly with OKX Wallet?
A: Yes. OKX Wallet connects seamlessly with thousands of DApps across chains. Many leading protocols now natively support OKX due to strong BD partnerships.
Q: Does OKX plan to launch its own token or run airdrops?
A: No official plans have been announced. The team focuses on product-driven growth rather than token incentives.
Q: What makes OKX Wallet suitable for long-term Web3 adoption?
A: Its multi-chain vision, mobile-first design, neutral infrastructure stance, and commitment to user experience position it as a sustainable gateway to decentralized technologies.
👉 Start exploring the future of Web3 with one powerful wallet
Final Thoughts: Building for the Long Game
OKX Wallet isn’t chasing short-term hype. It’s building enduring infrastructure grounded in years of technical development, user research, and ecosystem foresight.
By combining exchange convenience with advanced wallet capabilities—and maintaining neutrality amid protocol debates—OKX is carving a unique path toward becoming the go-to portal for global Web3 adoption.
Whether you're a trader, collector, or developer, one thing is clear:
The future of Bitcoin and Web3 is being shaped by those who prepare early—and execute with purpose.