OKX Ventures Backs zkLink to Enhance Liquidity with Aggregated Rollups

OKX
Ventures,
the
investment
arm
of
the
leading
crypto
exchange
and
Web3
technology
company
OKX,
has
announced
its
investment
in
zkLink,
according
to
OKX
Ventures.
This
strategic
move
aims
to
enhance
liquidity
across
various
blockchain
ecosystems
through
zkLink’s
innovative
Aggregated
Layer
3
zkEVM
network,
zkLink
Nova.

zkLink’s
Innovative
Approach

zkLink
Labs
specializes
in
developing
zero-knowledge
(ZK)
infrastructure
solutions
designed
to
scale
and
unify
assets
across
Ethereum
and
Ethereum
Layer
2
Rollups
(L2s).
Their
flagship
product,
zkLink
Nova,
addresses
the
issue
of
liquidity
fragmentation,
where
capital
is
often
trapped
across
multiple
isolated
blockchains.
By
leveraging
zk-Proofs,
zkLink
Nova
offers
a
secure
and
scalable
platform
for
capital-efficient
transactions
on
a
single
Layer
3
rollup.

Since
its
mainnet
launch
in
mid-March,
zkLink
Nova
has
achieved
significant
milestones.
It
secured
a
total
value
locked
(TVL)
of
$1.05
billion
within
two
months
and
has
attracted
over
1
million
unique
wallet
addresses.
The
network
has
processed
more
than
17
million
transactions
across
nine
integrated
ecosystems,
including
Ethereum,
Arbitrum,
Optimism,
Base,
zkSync,
Linea,
Scroll,
Manta
Pacific,
and
Mantle.

OKX
Ventures’
Vision

OKX
Ventures’
investment
in
zkLink
aligns
with
its
commitment
to
fostering
innovative
blockchain
projects.
Dora
Yue,
Founder
of
OKX
Ventures,
emphasized
the
importance
of
zkLink’s
aggregation
solution
in
expanding
the
Web3
user
base
securely.
She
highlighted
the
platform’s
ability
to
provide
access
to
previously
isolated
assets
across
different
rollups,
benefiting
the
overall
DeFi
ecosystem.
Yue
expressed
optimism
about
zkLink
Nova’s
growth
and
its
potential
integrations
with
more
DeFi
products.

About
OKX
Ventures

OKX
Ventures
is
the
investment
division
of
OKX,
with
an
initial
capital
commitment
of
USD
100
million.
Its
mission
is
to
explore
and
support
cutting-edge
blockchain
projects
globally,
promoting
the
healthy
development
of
the
blockchain
industry.
Through
strategic
investments,
OKX
Ventures
aims
to
build
innovative
companies
and
provide
them
with
global
resources
and
historical
experience.

About
zkLink

zkLink
is
at
the
forefront
of
zero-knowledge
blockchain
solutions
for
the
Ethereum
ecosystem.
Its
Aggregated
Layer
3
zkEVM
Rollup
network,
zkLink
Nova,
aims
to
bridge
the
gap
among
different
Layer
2
rollup
ecosystems,
reducing
liquidity
fragmentation
and
enhancing
security
and
scalability
through
zk-Proofs.
zkLink
is
backed
by
prominent
investors,
including
Coinbase
Ventures,
Solana
Ventures,
SIG
DTI,
Huobi
Ventures,
and
Efficient
Frontier.

For
more
information,
visit
the
official
announcement
on

OKX
Ventures.

Image
source:
Shutterstock