Cointime

Cointime

Download App
iOS & Android
Home / Financing

OKX Ventures invests in Animoca Brands’ Mocaverse project to jointly build the ecological development of the “X1” public chain

According to official sources, OKX Ventures announced that they have invested in Mocaverse, a Web3 ecosystem project developed by Animoca Brands. They will jointly build the Mocaverse project on OKX's newly launched zkEVM Layer 2 network "X1", with the aim of promoting both parties' commitment to expanding the global blockchain ecosystem and establishing a more interconnected Web3 world.

It is reported that the 400 projects and diverse ecosystem on Mocaverse will be able to directly access OKX's X1 through this partnership, integrating decentralized applications (dApps) onto the network, and sharing them with OKX's global user base of over 50 million. OKX and Animoca Brands aim to establish a synergistic effect between X1 and the Mocaverse ecosystem through this partnership, supporting the developer community and encouraging participants to build on X1.

OKX Ventures Animoca Brands
Comments

All Comments

Recommended for you

  • WSJ: GPU cloud computing platform CoreWeave raises $7.5 billion to promote artificial intelligence computing

    CoreWeave, an artificial intelligence cloud computing startup supported by Nvidia, has raised $7.5 billion from investors including BNY Mellon, KKR, and BlackRock. This financing is one of the largest private debt financings ever. Just two weeks ago, CoreWeave completed a $1.1 billion equity financing round with a valuation of $19 billion. As of the end of last year, the company had 14 data centers and plans to double that number to 28 by the end of this year.

  • On-chain indexing service Subsquid completes financing of US$17.5 million, with participation from DFG and others

    Subsquid, a chain indexing service, announced the completion of a $6.3 million financing through the CoinList community. As of now, its total financing amount has reached $17.5 million, with participation from DFG, Hypersphere, Zee Prime, Blockchange, and Lattice. It is reported that its native token, SQD, is scheduled to be listed this Friday. The Subsquid SDK has been integrated with Google BigQuery, allowing developers to use Google's technology to analyze blockchain data and reduce the data costs of large-scale deployment in the blockchain and developer communities.

  • Peaq Completes $20 Million Fundraising via CoinList Launch

    Peaq, a Layer1 blockchain applicable for DePIN and machine RWA, announced on X platform that it raised $20 million through its native token Launch, which was launched on CoinList from May 9 to May 16. As of now, over 145,000 community members have completed over-subscriptions of over $36 million. The new funds will be used to accelerate the growth of the peqosystem and further consolidate various ecosystem and community plans.

  • Gaming platform Param Labs completes $7 million financing, led by Animoca Brands

    Gaming platform Param Labs has completed a $7 million financing round, led by Animoca Brands with participation from Delphi Ventures and Cypher Capital. Param Labs aims to establish a gaming ecosystem managed by its native PARAM token, which is set to launch soon. The company's first game, "Kiraverse," is a multiplayer shooting game that allows players to earn money while playing.

  • Blockchain SaaS solution AfriDex completes $5 million Pre-Seed round of financing, led by Endeavor Ventures

    AfriDex, a blockchain software-as-a-service solution based in London, UK, announced the completion of a $5 million Pre-Seed round of financing with Endeavor Ventures leading the investment and African Crops Limited, Oldenburg Vineyards, and Hank Oberoi participating. AfriDex is currently focused on the agricultural market, providing comprehensive on-chain solutions to support and protect supply chain participants, utilizing blockchain technology to achieve traceability, frictionless payments, anti-fraud transactions, verified authentication, simplified tax and subsidy management. (finsmes)

  • Blockchain SaaS Solution AfriDex Completes $5 Million Pre-Seed Round of Funding, Led by Endeavor Ventures

    AfriDex, a blockchain software-as-a-service solution based in London, UK, has announced the completion of a $5 million Pre-Seed round of financing, with Endeavor Ventures leading the investment and African Crops Limited, Oldenburg Vineyards, and Hank Oberoi participating. AfriDex currently focuses primarily on the agricultural market, providing support and protection to supply chain participants through comprehensive on-chain solutions, utilizing blockchain technology to achieve traceability, frictionless payments, fraud prevention, verified authentication, simplified tax and subsidy management.

  • NYC-based Prediction Market Polymarket Raises $70M in Funding to Expand Operations and Development Efforts

    NYC-based prediction market, Polymarket, has secured $70 million in funding from investors including Founders Fund, 1confirmation, ParaFi, Vitalik Buterin, Dragonfly, and Kevin Hartz. The funds will be used to expand operations and development efforts. Polymarket, founded by Shayne Coplan, allows traders to predict the outcome of future events and react to breaking news in real-time, with market prices conveying the likelihood of important events. The platform has already seen a record $202 million worth of predictions made in 2024 across politics, current events, pop culture, and more.

  • Fuel Network DeFi Protocol Spark Completes $1.5 Million Pre-seed Round of Funding

    On May 15th, Fuel Network's DeFi protocol Spark announced the completion of a $1.5 million pre-seed round of financing with participation from P2 Ventures.

  • RWA platform Re completes new round of financing of US$7 million, led by Electric Capital

    Re, a tokenized reinsurance RWA platform, has completed a new round of funding of $7 million, led by Electric Capital. It is reported that the project had completed a seed round of funding of $14 million at the end of 2022. Re's goal is to support $200 million in premiums by the end of this year.

  • Animoca Brands: MOCA token distribution is planned to take place around May 24

    Animoca Brands officially announced that the distribution of MOCA tokens is planned to take place around May 24th. The token release information includes:

Daily Must-Read

Popular Activities

Delysium $AGI & AI Private Yacht Party

Delysium $AGI & AI Private Yacht Party

March 27 - March 27
Seoul

Popular Tags

Cointime
News
Contents
RSS
Company