OKX Ventures Q3 2024 report highlights investments in blockchain ecosystems like Bitcoin and Ethereum and AI technologies. The Federal Reserve’s rate cuts have boosted DeFi protocols, improving the macroeconomic environment. Bitcoin’s long-term outlook remains strong with $21.3 billion inflows into spot ETFs.
Ethereum’s network stability is expected to improve with the Pectra upgrade. Public chain ecosystems like Sui have shown remarkable performance with over $1.4 billion in TVL and daily trading volumes reaching $180 million. OKX Ventures’ Q3 investments targeted Bitcoin ecosystem, Ethereum Layer-1 networks, AI, and blockchain data platforms.
Key projects include zkLink, Monad, aPriori, Space and Time, and Prodia. zkLink is a multi-chain DeFi infrastructure, Monad is a high-performance Layer-1 blockchain with up to 10,000 transactions per second, and aPriori optimizes blockchain transaction efficiency through a block space auction mechanism.
Space and Time is a decentralized data warehouse offering enterprise-grade SQL and APIs, while Prodia focuses on AI and distributed cloud computing. OKX Ventures remains optimistic about the market outlook, due to macroeconomic boosts from rate cuts, Ethereum innovations, and public chain ecosystem growth.
The quarter’s investments reflect a strategic focus on projects with unique competitive advantages, expanding application scenarios in blockchain and AI.
