In a strategic move, OKX Ventures, the investment arm of renowned cryptocurrency exchange OKX, has made a significant undisclosed investment in 0xScope, a cutting-edge blockchain data intelligence platform. This partnership aims to fuel the growth of 0xScope’s innovative solutions and further expand the Web3 ecosystem.
0xScope has developed a suite of blockchain data applications that empower users to track and analyze onchain activities across various blockchain networks. Their offerings cater to a diverse user base, including developers, traders, and protocols.
A standout product from 0xScope is Scopescan, a robust blockchain analytics platform leveraging the firm’s proprietary knowledge graph. Scopescan provides insights into an impressive array of data, covering over 84 million addresses, 600,000 tokens, 1.4 million labeled addresses, and millions of exchange wallets.
Dora Yue, the founder of OKX Ventures, expressed pride in supporting 0xScope in their endeavors. “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.”
This strategic investment underscores a shared vision of decentralizing and democratizing Web2 and Web3 data sources. Moreover, OKX Ventures is committed to actively backing the development of 0xScope’s open-source ecosystem, facilitating seamless operations involving the uploading, downloading, validation, and processing of Web2 and Web3 data.
The collaboration between OKX Ventures and 0xScope holds promise for driving innovation in blockchain data intelligence and advancing the Web3 landscape, making it more accessible and user-friendly for a broader audience. Stay tuned for exciting developments in the world of blockchain technology.