OKX enters into a partnership with Polygon Labs to unveil the X1 testnet

OKX, a crypto exchange, and Polygon Labs, a blockchain company, have announced the launch of the testnet for ‘X1,’ an Ethereum-based network built with the Polygon Chain Development Kit (CDK).

According to an official release, X1 enables users to build on its on-chain ecosystem, and will connect with OKX’s reportedly more than 50 million users with the Polygon and the Ethereum communities. From what it’s understood, X1 will serve as OKX’s new native network and will provide users and developers access to global blockchain ecosystems.