Cointime

Download App
iOS & Android

OKX Ventures announces additional investment in Ethereum second-layer network Taiko

OKX Ventures announced additional investment in Taiko, a decentralized Type-1 ZK-EVM on Ethereum's layer 2 network.Since 2022, Taiko has been at the forefront of innovation, successfully conducting six testnets, with over 1.1 million unique wallets, more than 30,000 proposers, and over 14,000 validators. The active community members on Discord exceed 850,000, supporting over 100 real-time applications. Taiko plays a critical role in scaling Ethereum and building decentralized, permissionless, and secure layer 2 architecture.Dora, the founder of OKX Ventures, said that she is honored to participate in Taiko's series A financing based on zkRollup's Ethereum layer 2 network. OKX Ventures has participated in Taiko's two rounds of financing so far and congratulates Taiko on its growth over the past year. Taiko continues to follow its original goal of building a fully decentralized network with decentralized sorters and validators, allowing developers to deploy to the Taiko network without modifying existing dApps using the powerful features of Ethereum L1. Taiko will launch its mainnet in the first half of 2024, entering the next milestone and welcoming explosive growth in its ecosystem.

Comments

All Comments

Recommended for you