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ALL From OKX Ventures

OKX Ventures partner Jeff Ren will attend the first Hong Kong Climate Forum

According to official sources, Jeff Ren, a partner at OKX Ventures, will attend the first "Hong Kong Climate Forum" hosted by the University of Hong Kong on March 25. The forum aims to explore climate action and cooperation in the Greater Bay Area, and promote cooperation between the Guangdong-Hong Kong-Macao Greater Bay Area and California, USA in climate change and clean energy. At the roundtable forum on "Enabling Green Finance and Investments for Climate Mitigation," Jeff will discuss the impact and measures of green finance and investment on climate improvement with leaders from various industries.

Singapore's Matr1x Receives Investment from OKX Ventures to Expand Web3 Entertainment Platform

Singapore-based Web3 entertainment platform provider Matr1x has secured an investment from OKX Ventures, with the amount remaining undisclosed. The funds will be used to expand the company's operations and business reach. Matr1x is currently developing Matr1x Fire, a first-person shooter game with a 'battle-royale' mode that will feature classic Web3 elements such as NFTs, and will be available on mobile and desktop. The game's story revolves around a conflict between data cartels and a decentralized resistance, and the company has raised approximately $20 million from various venture capital firms.

OKX Ventures announces Series A investment in Polyhedra Network

OKX Ventures, the investment arm of OKX, has announced that it has invested in Polyhedra Network, a ZK interoperable infrastructure, in its Series A funding round.Polyhedra Network is committed to building the next generation Web3 infrastructure using advanced zero-knowledge (ZK) proof technology, with a focus on interoperability, scalability, and privacy.

OKX Ventures: Total investment amount exceeds US$50 million in 2023

OKX Ventures has released its 2023 investment annual report, with a total investment amount of over 50 million US dollars, covering seven core areas including infrastructure, DeFi, GameFi, NFT/Metaverse, Web3.0, Bitcoin ecology, and AI.

OKX Ventures leads the investment in bitSmiley, the first native stablecoin project in the BTC ecosystem

On December 14th, OKX Ventures announced a strategic investment in the stablecoin protocol bitSmiley on the BTC ecosystem. The protocol allows users to over-collateralize native BTC to mint stablecoin bitUSD on the BTC network. In addition, bitSmiley includes lending and derivatives protocols, aiming to provide a new financial ecosystem for Bitcoin. Previously, bitSmiley was selected as a high-quality project in the BTC hackathon jointly held by ABCDE and OKX Ventures in November this year.<br>Dora, founder of lead investor OKX Ventures, said: "As the original credit cornerstone of the crypto industry, Bitcoin is not only the absolute value benchmark of the industry, but also represents the original innovation of the crypto industry. With the BRC-20 protocol and Ordinals as opportunities, a series of technological innovations such as Lightning Network, Stacks, RGB, Taproot, EVM Layer2, and bitVM are iterating faster. Based on this, stablecoin protocol bitSmiley demonstrates its competitiveness in the stablecoin field with the Fintegra framework. We look forward to its upcoming test version in the next quarter, bringing unlimited possibilities for expanding the DeFi and more application scenarios of the Bitcoin ecosystem."

Why we invest in BitSmiley?

BitSmiley is the MakerDAO+Compound of the Bitcoin ecosystem, providing a comprehensive solution for Bitcoin DeFi by addressing the most significant gaps in the current Bitcoin ecosystem — stability coins and lending infrastructure.
Why we invest in BitSmiley?

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.

OKX Ventures announces strategic investment in StarryNift

OKX Ventures announced a strategic investment in StarryNift, the amount of which has not been disclosed. StarryNift has previously received venture capital from multiple institutions such as SIG, Binance Labs, DFG, and Leland Ventures.

OKX Ventures’ September Investment Report: It Continues to Invest in Different Tracks and Has Invested in Aark Digital, dappOS and 0xScope

OKX Ventures' September 2023 investment report, three projects were invested in this month, including Aark Digital, dappOS, and 0xScope, which belong to the Layer2 derivatives, operational protocol, and Web3 knowledge graph sub-sectors, respectively. Aark Digital is a peer-to-pool perpetual DEX tailored for professional traders on Arbitrum, providing the ultimate solution to the pain points of perpetual DEX.