OKX Ventures invests in AlienSwap to drive growth and development of the NFT market

New York, May 4, 2023 /PRNewswire/ — OKX VenturesThe second largest investment segment Crypto OKX, a trading module platform and Web3 technology company, today announced that it has invested in community-based NFT marketplace and aggregator AlienSwap.

Since the release of the AlienSwap beta version two months ago, its overall trading volume has increased 50 million US dollars. Currently, AlienSwap ranks third in daily active users and fifth in daily trading. Ethereum network. With this round of funding, AlienSwap will officially begin its scaled growth and aim to become the best NFT marketplace.

Founder of OKX Ventures Dora Yu said: “The total trading volume of NFTs reaches approx USD 24.7 billion In 2022, OKX Ventures is optimistic about the long-term growth of the NFT sector and we have already laid plans for several NFT projects. OKX Ventures believes this investment will help make AlienSwap a more efficient NFT marketplace and transform the industry’s competitive landscape.”

Founder of Alienswap Ying Mu said: „The new investments will be used to expand the AlienSwap engineering team, develop innovative liquidity tools and trading products for NFTs, and increase investment in NFT infrastructure to improve the community’s trading experience. AlienSwap’s core team and all investors share a consistent goal. : To build an industry-leading NFT trading platform and product innovation and injecting new vitality into the NFT ecosystem by building community.”

About OKX Ventures
OKX Ventures is the second largest investment arm Crypto Trading volume and exchange through Web3 technology company OKX, initial capital commitment 100 million US dollars. It focuses on exploring the best blockchain projects globally, supporting cutting-edge blockchain technology innovation, promoting the healthy growth of the global blockchain industry, and investing in long-term structural value.

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Through its commitment to supporting entrepreneurs who contribute to the growth of the blockchain industry, OKX Ventures helps create innovative companies and brings global resources and historical experience to blockchain projects.

Learn more about OKX Ventures Here.

About OKX
OKX is a world-leading technology company building the future of the Web3. Known to be fast and reliable Crypto OKX’s trading platform for investors and professional traders everywhere Crypto The exchange is the second largest globally by trading volume.

OKX’s leading self-security solutions include the Web3-compatible OKX Wallet, which allows users to maintain greater control of their assets while expanding access to DEXs, NFT markets, DeFi, GameFi and thousands of dApps.

OKX partners with the world’s top brands and athletes including English Premier League champions Manchester City FC, McLaren Formula 1, The Tribeca Festival, Golfer. Ian PoulterOlympian Scotty James and F1 driver Daniel Ricciardo.

OKX is committed to transparency and security and publishes its proof of balance monthly.

To know more about OKX, visit: okx.com

Source OKX

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