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OKX Slashes OKB Token Supply by 50% With $7.6B Burn, Price Surges
coindesk.com/business/2025/08/13/okx-slashes-okb-token-supply-by-50-with-usd7-6b-burn-price-surges
OKB, the token of cryptocurrency exchange OKX, more than tripled to a record high after the company executed a one-time burn of 65.26 million OKB, cutting the supply by more than 50%.
Burning the roughly $7.6 billion worth of tokens permanently reduces the maximum supply to 21 million,…
This story appeared on coindesk.com, 2025-08-13 09:05:38.