SINGAPORE, May 16, 2024
/PRNewswire/ -- OKX Ventures, the investment arm of leading
crypto exchange and Web3 technology company OKX, has
issued updates for May 16, 2024.
OKX Ventures Ranked as #1 Crypto Venture Capital
Investor in Q1 2024 with 31 Deals
OKX Ventures today announced that it has secured its position as
the number one crypto venture capital investor in Q1
2024, closing a remarkable 31 deals*. Its top investment areas for
Q1 focus on infrastructure, AI and DeFi. Notable
projects include the Bitcoin EVM-Compatible Rollup, B²
Network, and FLock.io, a decentralized and
permissionless platform for AI models and dApps.
This milestone further cements OKX Ventures' commitment to
investing in the future of blockchain and Web3 innovation,
reinforcing its dedication to the sector. OKX Ventures' consistent
and substantial capital investment shows its strong confidence in
the growth and potential of the crypto and Web3 space.
In 2023, the firm invested USD 50
million in crypto and Web3 projects.
OKX Ventures Founder Dora Yue
said: "Our diverse investment portfolio, with a focus on the
rapidly evolving Web3 infrastructure, AI and DeFi
sectors, positions us at the forefront of supporting these
groundbreaking technologies. As the crypto space
continues to mature and gain mainstream adoption, we remain
dedicated to driving innovation, fostering growth, and empowering
projects that will shape the future of the digital economy."
*Source: CryptoRank
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, focusing on exploring the best blockchain projects on
a global scale and supporting cutting-edge blockchain technology
innovation.
Find out more about OKX Ventures here.
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SOURCE OKX Ventures