This page is for information purposes only. Certain services and features may not be available in your jurisdiction.

OKX Ventures Shapes the Future of Web2 and Web3 Data Analytics with Investment in 0xScope, a Data Intelligence Platform

OKX Ventures and 0xScope

HONG KONG SAR, September 28, 2023 - OKX Ventures, the investment arm of leading global crypto exchange and leading Web3 company OKX, today announced an investment in 0xScope, a data intelligence platform that offers a knowledge graph protocol for Web2 and Web3 data.

0xScope offers a range of SaaS solutions that address the data-centric demands of Web3 venture capital funds, blockchain protocols, Layer-1 and Layer-2 ecosystems, trading firms and developers. One of 0xScope's core offerings is Scopescan, a blockchain analytics and investigation platform powered by 0xScope's knowledge graph. Scopescan enables traders to track and analyze over 84 million on-chain entities, 600,000 tokens, 1.4 million address identity labels, five million address behavior labels and 17 million exchange deposit and withdrawal address labels.

OKX Ventures Founder Dora Yue said: "Data plays a crucial role in the three main technological pillars of Web3: cross-chain integration, decentralized storage and privacy computing. By leveraging knowledge graph technology, 0xScope has made impressive progress in these three areas. Its strategic use of transparent transactional data and Externally Owned Account wallets also helps clients gather actionable insights based on raw on-chain data and enhances on-chain surveillance, data extraction and the development of new Web3 applications. OKX Ventures is proud to support 0xScope as it prepares to launch new features in Q4 and continues to play a role in the expansion of the Web3 ecosystem."

With the OKX Ventures investment, 0xScope is expected to continue making significant strides in its mission to decentralize and democratize access to Web2 and Web3 data, as well as unlock the potential of Web3. OKX Ventures also supports 0xScope's goal of creating an inclusive, open-source ecosystem that enables seamless uploading, validation, processing and downloading of Web2 and Web3 data.

OKX Ventures also recently announced a USD1 million investment in Moonbox, an artificial intelligence (AI) technology and Web3-focused start-up based in Hong Kong, and Shutter Network, an open-source project that aims to prevent malicious MEV and front running on Ethereum.

Disclaimer
This content is provided for informational purposes only and may cover products that are not available in your region. No responsibility or liability is accepted for any errors of fact or omission expressed in this content. It is not intended to provide (i) investment advice or an investment recommendation; (ii) an offer or solicitation to buy, sell, or hold digital assets, or (iii) financial, accounting, legal, or tax advice.
© 2024 OKX. This article may be reproduced or distributed in its entirety, or excerpts of 100 words or less of this article may be used, provided such use is non-commercial. Any reproduction or distribution of the entire article must also prominently state: “This article is © 2024 OKX and is used with permission.” Permitted excerpts must cite to the name of the article and include attribution, for example “Article Name, [author name if applicable], © 2024 OKX.” No derivative works or other uses of this article are permitted.
Information about: digital currency exchange services is prepared by OKX Australia Pty Ltd (ABN 22 636 269 040); derivatives and margin by OKX Australia Financial Pty Ltd (ABN 14 145 724 509, AFSL 379035) and is only intended for wholesale clients (within the meaning of the Corporations Act 2001 (Cth)); and other products and services by the relevant OKX entities which offer them (see Terms of Service). Information is general in nature and should not be taken as investment advice, personal recommendation or an offer of (or solicitation to) buy any crypto or related products. You should do your own research and obtain professional advice, including to ensure you understand the risks associated with these products, before you make a decision about them. Past performance is not indicative of future performance - never risk more than you are prepared to lose. Read our Terms of ServiceTerms of Serviceand Risk Disclosure Statement for more information.
Expand
Related articles
View more
View more