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New York, New York, May 4, 2023 — OKX Ventures, the investment arm of the second-largest crypto platform by trading volume and Web3 technology company OKX, today announced that it has invested in community-based NFT marketplace and aggregator AlienSwap.
Since the AlienSwap beta version was released two months ago, its cumulative trading volume has exceeded USD$50 million. Currently, AlienSwap ranks third in daily active users and fifth in daily trading volume on the Ethereum network. With this round of funding, AlienSwap will officially begin its scaled growth and aim to become the top NFT marketplace.
OKX Ventures Founder Dora Yue said: “With the total trading volume of NFTs reaching approximately USD$24.7 billion in 2022, OKX Ventures is optimistic about the long-term development of the NFT sector and we’ve already laid out plans for multiple NFT projects. OKX Ventures hopes that this investment can help AlienSwap become a more efficient NFT marketplace and reshape the competitive landscape of the industry.”
AlienSwap Founder Ying Mu said: “The new investments will be used to expand the AlienSwap engineering team, develop innovative liquidity tools and trading products for NFTs, and increase investment in NFT infrastructure to enhance the community's trading experience. The core team of AlienSwap and all investors share a consistent goal: to build a leading NFT trading platform in the industry and inject new vitality into the NFT ecosystem through product innovation and community building.”
Bolstering Leadership and Strengthening Security, Compliance and Trust at OKX
By Linda A. Lacewell, OKX Global Chief Legal Officer
At OKX, we know that long-term success in crypto and Web3 depends on innovation. It also requires earning trust through strong compliance, robust law enforcement collaboration, effective oversight, and constructive engagement with policymakers. The industry is evolving quickly, and we’re committed to setting the standard for responsible growth while safeguarding our customers and the integrity of the market.
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One Market. Deeper Liquidity
Tired of switching between USD, USDC or USDG pairs?
Or forgetting which pair you opened that trade on? We get it. Managing multiple stablecoin pairs just to find the best price or the right market shouldn’t be part of your daily strategy. Every second counts, and every click adds up. That’s why we’ve simplified it for everyone.
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Industry news
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OKX
Apple Pay Now Available on OKX
Written by Roshan Robert I'm excited to announce that Apple Pay is now available as a payment option on OKX for customers in the United States and the European Economic Area (EEA).
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OKX Publishes Eighth Monthly Proof of Reserves with USD$11.3 billion in BTC, ETH and USDT Reserves
__HONG KONG SAR, June 28, 2023__ - [OKX](/), the second-largest crypto exchange by trading volume and a leading Web3 technology company, has published its industry leading eighth consecutive monthly [
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15
Web3
OKX and Circle Jointly Announce Leading-Edge USDC Experience on OKX Wallet and OKX DEX Aggregator
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