Tagged: okx ventures

June 24, 2024 @ 10:40 am By Omar Faridi  |  

OKX Ventures, the investment arm of leading crypto exchange and Web3 technology company OKX, announced its participation in the Series A investment round for Avail, a unification layer designed to solve rollup fragmentation at scale. Avail aims to scale and unify rollups and “the modular… Read More

May 7, 2024 @ 7:53 pm By Omar Faridi  |  

Digital asset firm OKX‘s investment arm OKX Ventures has announced a strategic investment in four consumer-oriented products from Web3 venture studio EVG. According to a blog post by OKX, these reportedly “include multi-chain SocialFi infrastructure Open Social Protocol, decentralized collaboration network Zeek, strategy card game… Read More

April 6, 2024 @ 2:14 pm By Omar Faridi  |  

OKX Ventures, the investment arm of Web3 technology company OKX, is pleased to announce its participation in the seed funding round of UTXO Stack, a modular BTC Layer 2 blockchain launch platform. The seed funding round was reportedly co-led by ABCDE and SNZ, with OKX… Read More

February 9, 2024 @ 3:13 pm By Omar Faridi  |  

OKX Ventures, the investment arm of leading crypto exchange and Web3 technology company OKX, is pleased to announce its investment partnership with Bitmap Tech, the team behind Merlin Chain, a native Bitcoin Layer 2. Bitmap Tech currently boasts an overall market cap “that exceeds US$500… Read More

January 31, 2024 @ 8:59 am By Omar Faridi  |  

OKX Ventures, the investment arm of crypto exchange and Web3 technology company OKX, announced that it has invested in bitSmiley, a stablecoin protocol in the Bitcoin ecosystem. bitSmiley is a company that “provides comprehensive Bitcoin DeFi solutions, aiming to fill the gap of stablecoins and… Read More

January 26, 2024 @ 9:11 am By Omar Faridi  |  

OKX Ventures, the investment arm of leading Web3 technology company OKX, today published its 2024 Bitcoin Outlook’ report. The research report forecasts a pivotal role for Bitcoin‘s Ordinals in 2024, “based on the growth of OKX Wallet’s total Ordinals trading volume in 2023, which exceeded… Read More

January 5, 2024 @ 8:47 am By Omar Faridi  |  

OKX Ventures, the investment arm of OKX, released a detailed report on the current state and future prospects of the stablecoin market. The report provides an in-depth analysis of the stablecoin sector’s growth patterns, innovations, and future directions. Key highlights from the report include: Market… Read More

November 29, 2023 @ 10:16 am By Omar Faridi  |  

OKX Ventures, the investment arm of crypto exchange and Web3 technology company OKX, announced its investment in MYX.Finance (MYX), a decentralized perpetual derivative exchange. This investment is part of OKX Ventures’ ongoing effort “to enhance its growing portfolio of DEX projects.” MYX operates on a… Read More

October 17, 2023 @ 2:59 pm By Omar Faridi  |  

OKX Ventures, the investment arm of crypto exchange and Web3 technology company OKX,  announced the participation in last year’s Series B for Celestia Labs. Celestia is described as “the first modular blockchain network, meaning developers can use Celestia as a base layer for consensus and… Read More

October 15, 2023 @ 3:31 pm By Omar Faridi  |  

During the past month, the crypto industry has experienced rapid growth. OKX Ventures has identified several scenarios where significant progress has been made: SocialFi has introduced “remarkable” products. Friend.tech has reportedly “generated over 10,000 ETH in revenue, with a TVL surpassing 30,000 ETH.” Their total… Read More