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Market News

OKX Ventures Invests In Data Intelligence Platform 0xScope

The official announcement states that 0xScope offers a knowledge graph protocol for Web2 and Web3 data to a wide range of users.

Written By:
Gopal Solanky

Last updated: September 28, 2023 12:35 PM
Published September 28, 2023 12:35 PM
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Last updated: September 28, 2023 12:35 PM
Published September 28, 2023 12:35 PM

OKX Ventures, the investment arm of OKX, has invested an undisclosed amount into the blockchain data intelligence platform 0xScope. 

0xScope has developed a number of blockchain data applications to enable tracking and analyzing onchain activities across multiple chains. 

The official announcement states that 0xScope offers a knowledge graph protocol for Web2 and Web3 data to a wide range of users, including developers, traders, and protocols.

0xScope’s main product is Scopescan, a blockchain analytics platform that uses the firm’s own knowledge graph. It displays data on over 84 million addresses, 600k tokens, 1.4 million labeled addresses, and millions of exchange wallets.

“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,” said DoraYue, the founder of OKX Ventures.

With this investment, the blockchain data platform will continue working towards decentralizing and democratizing Web2 and Web3 data sources. OKX Ventures will also support the development of 0xScope’s open-source ecosystem to enable seamless uploading, downloading, validating, and processing of Web2 and Web3 data.

Also read: Gemini to Invest $24 Million In India Over Next Two Years

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Gopal Solanky - Crypto Research Analyst at The Crypto Times
By Gopal Solanky Sr. Crypto Journalist
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Gopal Solanky is a Research Analyst and Reporter with over 5 years of experience in DeFi, blockchain, crypto, IT, and financial markets. With a Bachelor's in Computer Applications, he brings a strong technical foundation to his analysis and reporting. Gopal focuses on breaking down complex topics for both seasoned investors and curious readers. His work has been referenced by publications like Business Insider and Vulture.com, highlighting his contributions to industry stories around topics like Huwak Tuah Memecoin and the FTX collapse.

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