OKX Ventures has released its 2024 annual report, revealing a substantial $100 million investment in over 60 projects throughout the year. The focus of these investments was predominantly on artificial intelligence and projects associated with the Bitcoin ecosystem. According to the report, a significant portion of OKX’s investments was directed towards on-chain infrastructure and multi-chain ecosystems, with blockchain technology and decentralized finance (DeFi) also receiving substantial attention.
Notably, the Bitcoin ecosystem projects that received investment include Arch Network, Babylon, Bedrock, Corn, Merlin, Unisat, and Zeus Network. In the AI sector, investments were made in OG Labs, 10 Planets, Carv, io.net, Myshell, Prodia, and Privasea, among others.
Furthermore, OKX Ventures has collaborated with various blockchain networks and exchanges such as Solana, SUI, Aptos, and TON, fostering the development of projects across disparate ecosystems. The firm has also partnered with TON Ventures, Ankaa Exchange, and TGH to further these initiatives.
The report does not solely focus on past investments but also offers insight into the future of the cryptocurrency industry. OKX anticipates a surge in the number of licensed blockchain companies as regulatory frameworks evolve. CEO Star Xu underscores OKX’s pioneering role in securing comprehensive licensing in the United Arab Emirates, emphasizing the firm’s commitment to regulatory compliance.
Looking forward, OKX foresees artificial intelligence playing a pivotal role in the cryptocurrency space, enhancing aspects such as token issuance, trading, asset creation, and project security. With expectations for a “BTC DeFi Summer” led by Bitcoin Layer2 projects, the company predicts continued innovation within the Bitcoin ecosystem.
