OKX Ventures, the investment arm of the well-known crypto exchange OKX, has recently made an exclusive investment in zkLink Labs, a renowned platform focused on developing solutions for zero-knowledge infrastructure. The announcement was made on OKX Ventures’ official X account.
We are excited to announce our strategic partnership with @zkLink_Official. We aim to aggregate and unify blockchains and #rollups through #ZKP. [img] pic.twitter.com/jRtAMEUJHc
In addition to the social media announcement, OKX Ventures also published a detailed Medium post to provide further insights into this partnership. The post highlighted zkLink’s mission to unify and scale assets across Ethereum and Ethereum L2 Rollups. The flagship product of zkLink, called zkLink Nova, is an Aggregated L3 zkEVM network that addresses the issue of liquidity fragmentation.
The zkLink Nova network addresses the problem of capital being trapped in isolated blockchains by utilizing zk-Proofs. It offers an open platform that guarantees scalability and security, allowing users to efficiently transfer aggregated assets on one L3 network. The zkLink Nova mainnet was launched in March and has shown impressive growth, with a cumulative total value locked of up to $1.05 billion within a few months.
The network has also garnered more than 1 million exclusive wallet addresses and processed over 17 million transfers, including those from nine integrated ecosystems such as Ethereum, Optimistic Rollups, and ZK Rollups. These ecosystems include Mantle, Manta Pacific, Scroll, Linea, zkSync, Base, and Optimism.
zkLink’s development not only brings innovation to the Web3 world but also prioritizes security. This makes it a revolutionary force in the DeFi sector and an attractive investment opportunity for OKX Ventures. Dora Yue, the founder of the platform, emphasized the importance of this investment.
Dora stated that zkLink’s latest aggregation solution plays a crucial role in expanding the user base in the Web3 realm while ensuring security. This investment signifies the strategic significance of zkLink’s technology in advancing the decentralized finance sector as a whole.
