ChainCatcher news, OKX Ventures announced the completion of a strategic investment in Nytro Lab, the developer of the Castile project. Nytro Lab not only innovates the "Play and Trade" business model, attracting gold farming players with a quirky Cthulhu game style, but also allows for upgrades and flexible trading of equipment and items required in various terrains such as dungeons, shaping a long-term positive sustainability of digital asset earnings for players. Nytro achieved the top score in the same category during the North American TikTok user acquisition test. Castile has entered public testing at 20:00 Beijing time on September 10, featuring two highly social dungeon experiences, the Boss Alliance Assault and the Elite Bidding Tournament, which will be available for a limited time.The story background presented by Castile is based on a magical Cthulhu next-generation setting, featuring AAA-style RPG card + MMO + Roguelike (similar to Japan's top game Uma Musume) elements. With the performance of its heroes and realistic aesthetics, the game's NFT equipment and gacha experiences enhance the narrative of web3 games. In previous tests, a 90% player retention rate demonstrated the community's recognition of the game.

ChainCatcher news, OKX Ventures partner Jeff Ren was invited to attend WebX2024 held in Tokyo, Japan yesterday, and participated in a roundtable forum themed "VC Perspective." The forum was hosted by Alex Shin, founder of Shin Labs, with other guests including Nao Kitazawa, partner at Eight Roads Ventures, and Diana Biggs, partner at 1kx, among other well-known Web3 investors. Jeff engaged in an in-depth discussion with everyone about OKX Ventures' investment strategy and insights on investment trends, emerging technologies, and the overall landscape of blockchain and crypto venture capital.Jeff emphasized OKX Ventures' focus on "crypto-native" projects. He stated that the team pays great attention to the actual utility of tokens within the blockchain ecosystem when selecting investment targets, and hopes that the tokens they invest in can truly integrate into their respective Web3 ecosystems. Additionally, as an investor, OKX Ventures will maintain a moderate level of involvement and will not excessively intervene in projects. He also believes that the development of the Bitcoin ecosystem will bring about more complex financial operations and value creation. As the boundaries between Bitcoin and other cryptocurrencies become increasingly blurred, new opportunities and innovations will emerge. Finally, Jeff encouraged all practitioners to continue to maintain their faith in innovation, actively seek like-minded partners, and work together to promote the development of blockchain technology. He firmly believes that in this field full of possibilities, the ceiling has not yet appeared, and true innovation has only just begun. In the future, OKX Ventures will continue to support innovative projects as always.

ChainCatcher news, OKX Ventures announced a strategic investment in the decentralized database Space and Time (SxT). The core development team of SxT has dedicated the past two years to providing a tamper-proof data technology stack for both on-chain and off-chain applications. The team has introduced a new cryptographic technology called Proof of SQL, which cryptographically proves that the computations of queries and the data are accurate and immutable. Since the launch of the Beta product in March 2023, users have averaged over 500,000 queries per month, with database requests exceeding 5 billion. It has been applied by various dapps and traditional enterprises. Currently, SxT supports data indexing for mainstream on-chain public chains, including Ethereum, Bitcoin, ZKsync, Polygon, Sui, Aptos, and Sei, as well as off-chain data.Dora Yue, founder of OKX Ventures, stated: "Space and Time, as a verifiable computing layer for Web3, has pioneered a new cryptographic technology, Proof of SQL, which, combined with a decentralized data warehouse, cryptographically proves that the computations of queries and the data are accurate and immutable. Under the zk co-processor, the SxT solution, which integrates large language models (LLM), can optimize the user experience for on-chain applications such as DeFi during self-custody, ensuring asset security and addressing issues like key loss, as well as transactions, storage, and equipment upgrades of digital assets in GameFi, preventing incidents of asset theft and contract modification. OKX Ventures actively advocates for innovation in blockchain technology and its practical applications. We are very much looking forward to the launch of the testnet for Space and Time. SxT ensures the security and immutability of data under the optimization of business model frameworks for traditional enterprises and on-chain applications, providing support for decentralized database services and promoting sustainable business development."

ChainCatcher news, according to official sources, the OKX Web3 wallet will collaborate with OKX Ventures, SHIB INU, Memecore, Animoca Ventures, Sonic, Monad, LILLIUS, LayerZero, Polyhedra, Kroma, Blockdaemon, Cosmostation, ICON, Fandom Global, Cripco, and zkLink to hold the "Pheromones Day" themed event during KBW 2024.This event will officially take place on September 4th in the Han River area of Seoul at Solbitseom, gathering industry leaders, investors, and top entrepreneurs from the blockchain and Web3 fields to discuss the evolution and future prospects of the Web3 ecosystem, as well as the latest trends, challenges, and potential solutions in the blockchain landscape for 2024.Registration link: https://lu.ma/j8umhm54

ChainCatcher news, the full-chain derivatives liquidity layer project Orderly Network announced the completion of a $5 million strategic round of financing, with participation from OKX Ventures, Manifold Trading, Presto Labs, LTP, Nomad Capital, and Origin Protocol. The new funds will be used to develop new products and enhance its on-chain liquidity.

ChainCatcher news, OKX's investment division OKX Ventures and the Aptos Foundation today jointly announced the launch of a new $10 million fund aimed at supporting the development of the Aptos ecosystem and the widespread adoption of Web3.The fund will be used to develop an accelerator program operated in collaboration with Ankaa, supporting the growth of high-quality projects and applications based on Aptos. The accelerator will provide selected Aptos ecosystem projects with venture funding support, focused guidance, market exposure, and a broad network of experts composed of the OKX team, Ankaa, and the Aptos Foundation.

ChainCatcher news, according to official sources, the DePIN network layer Multiple Network has completed a $2 million seed round financing, with participation from OKX Ventures, Youbi Capital, Stratified Capital, Puzzle Ventures, CatcherVC, and BitriseCapital. This funding will be used to expand its ecosystem and provide high-quality products for its users.According to the Web3 asset data platform RootData, [Multiple Network](https://www.rootdata.com/zh/Projects/detail/Multiple Network?k=NzI1Ng== "DePIN network layer") is a Web3 DePIN project that utilizes SD-WAN technology to build a network layer for high-performance transmission of digital assets and data.

ChainCatcher news, OKX Ventures announced an investment in the MEV-supported liquid staking platform aPriori based on the Monad network. aPriori is a liquid staking platform built on Monad, planning to use the new funds to expand the team, invest in security, and promote community development. Monad's high-performance parallel Ethereum Virtual Machine creates a new design space for node-level infrastructure, and the aPriori team chose to build on the EVM-compatible L1 Monad due to its portability and high performance.aPriori focuses on reducing gas fees, optimizing network traffic, and providing sustainable incentives for validators. OKX Ventures founder Dora stated, "We are excited to participate in the investment in aPriori, which reduces spam transactions and increases validator incentives through the redistribution of MEV, achieving decentralization of the Monad network. aPriori is committed to building a transaction-centric infrastructure for Monad, enhancing throughput and user experience, and preparing for the future ecological explosion of Monad."

ChainCatcher news, according to the official announcement, OKX Ventures has completed a strategic investment in zkLink.The zkLink Nova created by zkLink is a multi-chain aggregation Layer 3 network based on zero-knowledge proof technology. It uses zkLink's independently developed multi-chain ZK-Rollup architecture to aggregate the fragmented liquidity of multiple Layer 1 blockchains and Layer 2 Rollup networks, providing developers with a unified access point. Since 2021, zkLink has developed into an aggregation infrastructure for assets, liquidity, and applications across various L1 and Ethereum L2, offering two core solutions: zkLink Nova and zkLink X.Dora Yue, founder of OKX Ventures, stated: "With the Ethereum 2.0 upgrade, ZK Rollups and Optimistic Rollups have become more prosperous as mainstream scaling solutions, exemplified by Arbitrum One, which ranks first in TVL at $16 billion, accounting for 41%; meanwhile, the flourishing of Layer 2 networks has brought challenges of liquidity fragmentation and interoperability. zkLink's multi-chain aggregation layer solution enhances capital efficiency and utilization. OKX Ventures continues to be optimistic about the liquidity aggregation layer protocol represented by zkLink, constantly improving Web3 infrastructure to prepare for accommodating millions of users."