We are pleased to announce that we have invested in Zeus Network, the first and only permissionless communication layer on Solana and Bitcoin. Zeus Network enables dynamic, secure composability, creating a decentralized ecosystem for seamless user engagement and liquidity interaction.
This investment s encapsulates our vision of a new era of digital asset exchange, one that is decentralized, secure and user-friendly on a global scale. We are eagerly anticipating the launch of Zeus Network’s Mainnet in the forthcoming months, marking a significant milestone in the blockchain space. Zeus Network’s FDV is currently over USD 1 billion.
OKX Ventures Founder Dora Yue said: “Zeus Network is leading the way in integrating smart programs and consensus mechanisms. This intelligent fusion is driving the evolution of cross-chain communication, providing a snapshot of what the future of blockchain technology might look like."
On the unique opportunities that this investment brings, Dora further elaborated: "With Apollo, a Native Bitcoin Collateral Stablecoin on Solana, Bitcoin users can engage with the Solana community, and vice versa, Solana users can interact with Bitcoin, NFTs, and BRC-20 assets via zBTC.”
This announcement comes after we listed Zeus Network’s token, ZEUS, on our spot market on April 4, 2024.
© 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.
