OKX Ventures’ 2024 annual report revealed that the company invested a total of $100 million in more than 60 projects during 2024, with AI and Bitcoin-related projects accounting for the largest share.
According to the shared X post, OKX invested in more than 60 projects and funds in 2024. These projects spanned a wide range of sectors including blockchain technology, multi-chain ecosystems, DeFi and various other funds.
However, the report highlights that on-chain infrastructure, AI projects, and projects based on the Bitcoin (BTC) ecosystem accounted for the majority of OKX Ventures’ investments in 2024.
Projects OKX has invested in that are in the Bitcoin ecosystem include Arch Network, Babylon, Bedrock, Corn, Merlin, Unisat and Zeus Network. In the AI space, OKX has invested in OG Labs, 10 Planets, Carv, io.net, Myshell, Prodia, Privasea, etc
OKX also worked on building with a number of ecosystems, including the Solana (SOL) network, SUI (Sui), Aptos (APT), TON (TON), and Bitcoin. In addition, OKX Ventures worked with TON Ventures, Ankaa Exchange and TGH to develop projects for various ecosystems.
In addition to an investment summary, OKX Ventures also presented a number of key predictions for the crypto industry ahead of the new year. First, OKX predicts that more blockchain-based companies will seek legitimacy in the form of licenses. Therefore, the number of licensed crypto companies will increase significantly.
Star Xu, CEO of OKX, noted that the exchange itself was one of the first cryptocurrency trading platforms to…