TLDR:
OKX Ventures plans to focus on sustainability solutions, zero-knowledge technology, and the convergence of blockchain technology and artificial intelligence in their investments. Some startups that recently raised capital include WeatherXM, Switchboard, GaiaNet, Cysic, API3, and SCRYPT.
Article Summary:
OKX Ventures, the venture arm of crypto exchange OKX, is looking to invest in sustainability solutions, zero-knowledge technology, and the convergence of blockchain technology and artificial intelligence. Partner Jeff Ren highlighted the importance of projects exploring the tokenization of green assets, on-chain carbon offsetting, and ESG data and intelligence tracking and verification. OKX Ventures recently co-led a $12 million investment in ZK hardware acceleration project Cysic and is also involved in projects like MyShell and Flock.io.
Other startups that recently raised capital include WeatherXM, which closed a $7.7 million Series A round for their decentralized weather network, Switchboard raised $7.5 million in a Series A round for their oracle platform, GaiaNet raised $10 million for their decentralized AI agent software project, Cysic received a $12 million investment from OKX Ventures for zero-knowledge hardware acceleration, API3 closed a $4 million funding round led by DWF Labs, and SCRYPT secured $5 million in strategic funding led by Brazilian exchange bank Braza Bank.
These investments and funding rounds reflect a growing interest in sustainable solutions, decentralized technology, and the convergence of blockchain and artificial intelligence within the cryptocurrency and blockchain industry.
