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OKX Ventures announces strategic investment in zkLink's first aggregated Layer3 Rollup network.

Sep 12, 2024 00:29:10

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ChainCatcher news, according to the official announcement, OKX Ventures has completed a strategic investment in zkLink.

The zkLink Nova created by zkLink is a multi-chain aggregation Layer 3 network based on zero-knowledge proof technology. It uses zkLink's independently developed multi-chain ZK-Rollup architecture to aggregate the fragmented liquidity of multiple Layer 1 blockchains and Layer 2 Rollup networks, providing developers with a unified access point. Since 2021, zkLink has developed into an aggregation infrastructure for assets, liquidity, and applications across various L1 and Ethereum L2, offering two core solutions: zkLink Nova and zkLink X.

Dora Yue, founder of OKX Ventures, stated: "With the Ethereum 2.0 upgrade, ZK Rollups and Optimistic Rollups have become more prosperous as mainstream scaling solutions, exemplified by Arbitrum One, which ranks first in TVL at $16 billion, accounting for 41%; meanwhile, the flourishing of Layer 2 networks has brought challenges of liquidity fragmentation and interoperability. zkLink's multi-chain aggregation layer solution enhances capital efficiency and utilization. OKX Ventures continues to be optimistic about the liquidity aggregation layer protocol represented by zkLink, constantly improving Web3 infrastructure to prepare for accommodating millions of users."

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