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Singapore, March 2, 2024 /PRNewswire/ — OKX Venturesthe investment arm of a leading Web3 technology company. OKXissued an update for March 22024.
OKX Ventures announces Series A investment in Taiko Distributed, Ethereum-Equivalent ZK rollup
OKX Ventures is pleased to announce a Series A investment. drum – Distributed, Ethereum-Equivalent ZK rollup.
Since 2022, Taiko has been a leader in innovation, running six successful testnets with over 1,100,000 unique wallets, over 30,000 proposers, and over 14,000 provers. With a vibrant community of over 850,000 members on Discord and support for over 100 live apps, Taiko plays a key role in Ethereum’s expansion. We are building a decentralized, permissionless, and secure Layer 2 architecture.
Founder of OKX Ventures Drahue Said: “We are excited to participate in Taiko’s Series A funding round, a ZK rollup-based funding round. Ethereum Layer 2 network. We have participated in his two funding rounds of Taiko so far and admire his Taiko’s growth in this past year. Taiko has consistently pursued its original goal of building a complete system. Distributed Communication network.it has Distributed Sequencers and validators that enable developers to take advantage of the following features: Ethereum without changing existing layer 1 DApps Deployed to Tyco. The mainnet is expected to be launched in the first half of 2024, marking the next milestone and a new phase of growth. ”
About OKX Ventures
OKX Ventures is the second largest investment arm. cryptography Trading volume and Web3 technology company OKX deal with initial capital commitment of 100 million dollars. Focusing on exploring the best blockchain projects globally, supporting cutting-edge blockchain innovations, promoting the healthy development of the global blockchain industry, and investing in long-term structural value. I am.
Through our commitment to supporting entrepreneurs who contribute to the advancement of the blockchain industry, OKX Ventures helps build innovative companies and brings global resources and historical experience to blockchain projects.
Click here for details on OKX Ventures here.
SOURCE OKX Ventures
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