OKX Ventures Invests in aPriori: MEV Powered Liquid Staking Platform

OKX
Ventures,
the
investment
arm
of
leading
crypto
exchange
and
Web3
technology
company
OKX,
has
announced
its
participation
in
the
seed
investment
round
for
aPriori,
a
liquid
staking
platform
powered
by
Maximal
Extractable
Value
(MEV)
on
Monad.

Investment
to
Propel
aPriori’s
Growth

The
funding
will
enable
aPriori
to
expand
its
team,
enhance
security
measures,
and
foster
community
growth.
The
platform
leverages
high-performance,
parallel
Ethereum
Virtual
Machines
(EVMs)
like
Monad
to
create
a
new
design
space
for
node-level
infrastructure.
Monad,
an
EVM-compatible
Layer
1,
was
selected
for
its
portability
and
extreme
performance.

aPriori’s
mission
is
to
maximize
the
performance
of
Monad’s
network
while
enhancing
user
experience.
It
aims
to
reduce
gas
fees,
optimize
network
traffic,
and
drive
sustainable
incentives
for
validators.
The
platform
is
constructing
a
new
architecture
for
MEV
and
liquid
staking
from
the
ground
up.

OKX
Ventures’
Perspective

Dora
Yue,
Founder
of
OKX
Ventures,
expressed
her
enthusiasm
for
the
investment,
stating,
“We
are
delighted
to
invest
in
aPriori,
an
MEV
powered
liquidity
staking
platform
on
Monad
that
decentralizes
Monad’s
network
by
reducing
spamming
and
increasing
validators’
incentives
through
the
redistribution
of
MEV.
aPriori
is
committed
to
building
a
transaction-centric
infrastructure
for
Monad
that
will
help
Monad
improve
its
throughput
and
user
experience,
and
be
ready
for
the
Monad
ecosystem’s
expansion
in
the
future.”

About
OKX
Ventures

OKX
Ventures
is
the
investment
arm
of
OKX,
the
second-largest
crypto
exchange
by
trading
volume.
With
an
initial
capital
commitment
of
USD
100
million,
OKX
Ventures
focuses
on
exploring
promising
blockchain
projects
globally,
supporting
technological
innovation,
and
promoting
the
healthy
development
of
the
blockchain
industry.
The
firm
is
dedicated
to
investing
in
long-term
structural
value
and
helping
build
innovative
companies
in
the
blockchain
space.

For
more
information,
visit
the

OKX
Ventures
website.

Image
source:
Shutterstock