Digital Assets Firm OKX Announces Investment in Tomo, a Web3 Social Finance Protocol

The team at OKX are pleased to announce their investment in Tomo, a Web3 social finance (SocialFi) protocol.

This investment underpins OKX‘s commitment to “supporting innovative blockchain technology and Web3 social platforms that redefine the way users connect and interact with each other online.”

Tomo’s impactful product features and roadmap aim to “set it apart in the Web3 SocialFi space, providing a unique platform for content creators, influencers and prominent personalities to nurture direct connections with their fans and followers.”

Its seamless integration of Web2 and Web3 realms and innovative approach “to creator exclusivity and content monetization is revolutionizing the industry.”

Tomo’s commitment to fostering on-chain activity “on Layer 2s like Linea and Base further positions it as a significant player in the SocialFi space.”

In a rapidly evolving digital landscape, Tomo users can collaborate “to create content, gain tokenized access to chat rooms and enjoy direct messaging features.”

OKX Ventures Founder Dora Yue said:

“Tomo is a thriving community where users have the autonomy to manage, share and reap benefits from their content creation. With an impressive roster of over 350,000 registered community members in Tomo, we see tremendous potential in this truly user-centric platform. We’re incredibly excited about the future of Tomo and the innovative ways it continues to disrupt traditional social networking paradigms.”

Expanding its creative horizon, Tomo has launched Tomoji, “an innovative ERC-404 meme launchpad, allowing users to create and trade personalized emojis.”

In collaboration with artist Sean Kyah Koons, they released the dragon-themed ‘LONG’ collection.

Tomoji enables fractionalization of NFTs, “facilitates minting, gifting, and trading, and allows trading on exchanges.”

Tomo also introduced TomoID, a social wallet with “a link-in-bio tool and an affiliate program. Users can connect their social media profiles, and earn rewards through Tomo Points. This roadmap highlights Tomo’s commitment to a dynamic user ecosystem.”

In another recent and separate update, it was noted that Erald Ghoos is pleased to announce that we have rebranded Okcoin Europe Ltd. to OKX in Europe.

In Erald’s role as the General Manager for the region, their responsibility is “to establish local teams that propel our user-centric global strategy.”

As mentioned in a blog post, local efforts “are crucial to our diverse crypto communities amongst our 50 million users worldwide, and we’re ensuring a tailored experience in key markets by optimizing our platform to reflect the community’s trading preferences, favored payment methods, and fiat on-ramps.”

Okcoin Europe Ltd. has been serving users “through its crypto service provider registration with De Nederlandsche Bank (DNB) and a virtual financial asset service provider license in Malta since 2021.”

Users will continue to be served “by their Okcoin Europe Ltd. Entity, however, now the services will be offered through the OKX brand.”

Through the rebrand, they aim to “offer an even better customer experience for our users in Europe.”

This includes the Netherlands, where their platform “is currently available in beta mode with an official launch forthcoming.”

Europe has a truly vibrant digital economy and “has consistently been a leader in blockchain innovation.”

They are pleased to “contribute to the evolution of the crypto and Web3 sector.”

Their rebranding is described as being “a significant step forward in this effort.”

In the coming months and years, they look forward “to better serving the European crypto community and enhancing their offerings to meet local needs.”



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