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crypto.news 2024-12-26 14:45:00

OKX Ventures 2024 report: injected $100m in more than 60 projects with AI and Bitcoin focus

OKX Ventures’ annual report for 2024 revealed the firm made a total of $100 million in investments throughout 2024 in more than 60 projects, with AI and Bitcoin-related projects taking up the largest portion. According to the shared X post , OKX invested in more than 60 projects and funds throughout 2024. These projects encompassed a wide range of sectors, including blockchain technology, multi-chain ecosystems, DeFi and various other funds. Though the report highlights that on-chain infrastructure, AI projects and projects built on the Bitcoin ( BTC ) ecosystem made up the largest portion of OKX Ventures’ investments in 2024. Some of the projects that OKX invested in that are based within the Bitcoin ecosystem include Arch Network, Babylon, Bedrock, Corn, Merlin, Unisat and Zeus Network. While in the AI sector, OKX has invested in OG Labs, 10 planets, Carv, io.net, Myshell, Prodia, Privasea, as well as You might also like: OKX unveils Ordinals Launchpad platform for direct Bitcoin inscription OKX also worked to build with a number of ecosystems, including the Solana ( SOL ) network, SUI ( Sui ), Aptos ( APT ), TON ( TON ) and Bitcoin. Additionally, OKX Ventures partnered with TON Ventures, Ankaa exchange, and TGH to develop projects for various ecosystems. In addition to a recap of investments, OKX Ventures also outlined a number of key predictions for the crypto industry as the new year approaches. Firstly, OKX predicts that more blockchain-based companies will seek legitimization in the form of licenses. Therefore, the number of licensed crypto firms will increase significantly. CEO of OKX Star Xu pointed out that the exchange itself was one of the first cryptocurrency trading platforms to obtain a comprehensive operating license in the UAE. In addition, OKX sees more countries creating crypto regulations to accommodate the rapidly growing industry. Next, OKX believes AI agents will play an important role within crypto markets, even in issuing tokens, trading, and creating a range of digital assets. Agent-to-agent interactions will also become more prominent as time goes on. AI agents will also participate in strengthening project security and solving internal issues within the blockchain. Aside from AI, it appears that OKX will still prioritize Bitcoin-based projects as the exchange also predicts more innovations will come from the ecosystem alongside a “BTC DeFi Summer” that will be spearheaded by Babylon and other Bitcoin Layer2 projects. You might also like: OKX Ventures officially announces investment in USUAL

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