Academia
Blog
Artículo

OKX Ventures Announces Strategic Investment in Bitmap Tech to Drive Growth in the Bitcoin Ecosystem

Publicado el 09 feb 2024
Actualizado el 25 abr 2024

Singapore, February 9, 2024 – OKX Ventures, the investment arm of leading crypto exchange and Web3 technology company OKX, is pleased to announce its investment partnership with Bitmap Tech, the team behind Merlin Chain, a native Bitcoin Layer 2.

Bitmap Tech currently boasts an overall market cap that exceeds US$500 million. Its BRC-420 ‘Blue Box’ collection has become one of the most sought-after Ordinals assets.

Merlin Chain, Bitmap Tech's subsidiary product line, is a Bitcoin Layer 2 that integrates a ZK-Rollup network, a decentralized oracle network and on-chain BTC fraud proof modules. It aims to empower Bitcoin's native assets, protocols and products on Layer 1 through its Layer 2 network, striving to “make Bitcoin fun again”.

Bitmap Tech and Merlin Chain have established a significant community following worldwide through past project experiences. As Merlin Chain plans to support various native BTC Layer 1 assets, including BRC-20, BRC-420, ARC-20, Bitmap and more, many communities associated with these inscription assets are eagerly watching Merlin Chain's progress. This attention contributes significantly to Merlin Chain's buzz and influence.

OKX Ventures’ investment will allow Bitmap Tech’s team to further enrich the Bitcoin ecosystem and enhance overall liquidity. Merlin Chain has already built a robust DApp ecosystem and is planning for further expansion.

OKX Ventures Founder Dora Yue said: "Bitmap Tech's dedication to bringing innovative ideas to Bitcoin complements our vision at OKX Ventures. We have high expectations for Bitmap Tech to integrate more original and comprehensive Bitcoin services. The team's unwavering dedication to prioritizing user-friendly experiences, fostering innovation and contributing to the overall dynamism of Merlin Chain's ecosystem is commendable.

With the advent of Merlin Chain, we at OKX Ventures couldn't be more thrilled about our investment in Bitmap Tech. This strategic investment allows us both to make a transformative impact on the Bitcoin landscape and significantly enhance the Bitcoin experience for users, bringing immense value and potential to the crypto community."

Aviso
Este artículo puede ofrecer información sobre contenido de producto que no esté disponible en tu región. Se proporciona únicamente con fines informativos en general. Representa las opiniones de sus autores y no representa las opiniones de OKX, y no se asumirá ninguna responsabilidad por cualquier error de hecho u omisión que haya en el presente artículo. No pretende proporcionar consejo de ningún tipo, entre otros, (i) asesoramiento de inversión o una recomendación de inversión; (ii) una oferta o solicitud de compra, venta o tenencia de activos digitales, o (iii) asesoramiento financiero, contable, legal o fiscal. Los holdings de activos digitales, incluidas las stablecoins y los NFT, implican un alto grado de riesgo, pueden fluctuar enormemente e incluso perder su valor. Debes plantearte con cautela si el trading o el holding de activos digitales es adecuado para ti teniendo en cuenta tu situación financiera. Consulta con tu asesor legal/fiscal/profesional de inversiones en caso de tener preguntas sobre tus circunstancias específicas. Las funciones OKX Web3, incluidas OKX Web3 Wallet y el Mercado de NFT de OKX, están sujetas a los términos de servicio independientes de www.okx.com.
© 2023 OKX. Este artículo puede reproducirse o distribuirse en su totalidad, o pueden utilizarse fragmentos de 100 palabras o menos de este artículo, siempre que dicho uso no sea comercial. Cualquier reproducción o distribución del artículo completo debe indicar también claramente, lo siguiente: "Este artículo es © de OKX 2023 y se utiliza con permiso". Los fragmentos permitidos deben citar el nombre del artículo e incluir su atribución, por ejemplo "Nombre del artículo, [nombre del autor, en su caso], © 2023 OKX." No se permiten obras derivadas ni otros usos de este artículo.
Ampliar
Artículos relacionados
Ver más
Trust and Transparency: The Keys to Unlocking Crypto's Potential in Brazil
OKX
Trust and Transparency: The Keys to Unlocking Crypto's Potential in Brazil
I'm thrilled to see the overwhelming optimism Brazilians have towards crypto's potential to transform finance and other industries. Our recent OKX Brazil Survey found that 91% of surveyed crypto users believe crypto can revolutionize these sectors.
5 jun 2024
Expanding Our Global Footprint: OKX Enters Argentina with New Exchange and Wallet
OKX
Expanding Our Global Footprint: OKX Enters Argentina with New Exchange and Wallet
I'm pleased to announce a major milestone in OKX's global expansion - we have officially launched our leading crypto exchange and Web3 services in Argentina! Given Argentina's position as one of the top crypto markets in Latin America with rapidly accelerating adoption, it represents an exciting milestone as OKX's latest global launch. Consumer demand for crypto assets continues to surge as innovations in the country evolve at a stunning pace. It's that combination of an established crypto foothold and swift evolution that makes Argentina so exciting as our next market.
5 jun 2024
Bitcoin ETFs: The Game's Just Got to a Whole New Level
OKX
Bitcoin ETFs: The Game's Just Got to a Whole New Level
The approval of a Bitcoin ETF marks a significant milestone towards the mainstream adoption of Bitcoin. The ETF is an easy-to-access financial instrument that helps establish the legitimacy of bitcoin and has the marketing power to bring it to a wider population, potentially in the billions - we've already seen a few bitcoin ETF marketing campaigns. Through its reach, the bitcoin ETF will also make it easier for more institutions (and less crypto-native retail customers) to access bitcoin indirectly, and attract more talent to our industry.
5 jun 2024
OKX Ventures x Moonbox
Web3
OKX Ventures Invests USD1 Million in Lead Funding Round for Hong Kong-Based AI and Web3 Startup Moonbox
HONG KONG SAR, August 4, 2023 - OKX Ventures , the investment arm of leading global crypto exchange and innovative Web3 company OKX , has announced a USD1 million investment in Moonbox , an artificial intelligence (AI) technology and Web3-focused start-up based in Hong Kong.
3 jun 2024
OKX PoR March
Proof of Reserves
Our 17th Consecutive Proof of Reserves: USD22.1 Billion in Primary Assets
Today, we're excited to announce the release of our latest Proof of Reserves (PoR) report, demonstrating a total of USD22.1 billion in primary assets backing user funds. This represents our 17th consecutive month of publishing Proof of Reserves (PoR) reports, which highlight the reserve ratios of the 22 most frequently traded assets on our platform: BTC, ETH, USDT, USDC, XRP, DOGE, SOL, OKB, APT, DOT, ELF, EOS, ETC, FIL, LINK, LTC, OKT, PEOPLE, TON, TRX, UNI and BCH. Consistent with our previous reports, our 17th PoR reveals reserve ratios of over 100% for all these assets, providing assurance that user funds are backed 1:1.
3 jun 2024
OKX's 15th Consecutive Proof of Reserves Report
Proof of Reserves
OKX's 15th Consecutive Proof of Reserves Report: USD14.9 Billion in Primary Assets, Including Bitcoin Cash For First Time
Dubai, the UAE, January 31, 2024 -- OKX , a leading global Web3 technology company and crypto exchange, today announced the publication of its 15th monthly Proof of Reserves (PoR) report, showcasing primary assets amounting to USD14.9 billion, a 104% average reserve ratio of primary assets and the inclusion of Bitcoin Cash (BCH) for the first time.
3 jun 2024
Ver más