Flash News: OKX Ventures Tops Crypto VC Rankings, Showcases Investments in Bitcoin Ecosystem, Blockchain Infrastructure, GameFi and Applications
24 Mayo 2024 - 8:35AM
OKX Ventures, the investment arm of leading Web3 technology
company OKX, has issued updates for May 24, 2024.
OKX Ventures Tops Crypto VC Rankings, Showcases
Investments in Bitcoin Ecosystem, Blockchain Infrastructure, GameFi
and Applications
Continuing its leadership in the VC space as the number one
crypto venture capital firm with 52 investments made since the
start of the year, OKX Ventures today published its April
Investment Report. The report highlights its recent investments in
the Bitcoin ecosystem, blockchain infrastructure, GameFi and
application sectors.
OKX Ventures' investments span a range of innovative projects in
the Bitcoin ecosystem, such as:
- Arch Protocol, a
Bitcoin-native application platform for decentralized finance
(DeFi);
- Bitlayer, a Bitcoin
Layer 2 network aimed at enhancing scalability;
- BounceBit, a
restaking infrastructure built on Bitcoin;
- UTXO stack, a
modular BTC Layer 2 blockchain launch platform; and
- Zeus network, a
project that is building cross-chain infrastructure by leveraging
Solana.
In the blockchain infrastructure field, OKX Ventures has
demonstrated its support for cutting-edge projects like:
- Monad Labs, which is
developing a developer-forward smart contract platform that is
poised to revolutionize the decentralized digital landscape;
- Aptos, a scalable
Layer 1 PoS blockchain that uses the Move programming language to
make on-chain transactions more reliable, easier to use and
secure;
- Movement Labs,
aiming to combat smart contract vulnerabilities in the Ethereum
ecosystem; and
- StakeStone, a
full-chain LST (Liquid Stake Token) liquidity protocol.
As the GameFi and application sectors experience remarkable
expansion, OKX Ventures has invested in high-quality projects such
as:
- Matr1x, a next-gen
Web3 entertainment platform with creator DAOs presenting a future
cyberpunk world through high-quality multi-episode games;
- Debox, a
decentralized gaming platform;
- Privasea, an
artificial intelligence processing system that focuses on data
privacy and security;
- UXLink, a Web3
social platform and infrastructure; and
- Cellula, a fully
on-chain AI game that offers users the ability to create, compose
and evolve their digital life.
OKX Ventures' April Investment Report also outlined recent macro
trends shaping the industry. These include the impact of the 2024
Bitcoin halving and the prevailing high-interest rate environment.
According to the report, the potential for future rate cuts will
play a pivotal role in shaping global liquidity and have an impact
on the prices of Bitcoin and other "risk-on" assets.
To read the full report, click here.
For further information, please
contact:Media@okx.com
About OKX Ventures
OKX Ventures is the investment arm of the second-largest crypto
exchange by trading volume and Web3 technology company OKX, with an
initial capital commitment of USD 100 million. It focuses on
exploring the best blockchain projects on a global scale,
supporting cutting-edge blockchain technology innovation, promoting
the healthy development of the global blockchain industry, and
investing in long-term structural value.
Through its commitment to supporting entrepreneurs who
contribute to the development of the blockchain industry, OKX
Ventures helps build innovative companies and brings global
resources and historical experience to blockchain projects.
Find out more about OKX Ventures here.
Disclaimer