OKX Ventures invests in Bitmap Tech to develop bitcoin ecosystem

OKX Ventures, fresh off its $100M infusion into HashKey Group, dives deeper into the Bitcoin ecosystem with a key investment in Bitmap Tech.

• Funding Details: Terms of the deal remain undisclosed.

• Innovation on the Rise: At the heart of Bitmap Tech's innovations lies the Merlin Chain, a Layer 2 solution designed to make Bitcoin transactions lightning-fast.

• Empowering Bitcoin: Merlin Chain isn't just speedy—it's transformative, boosting Bitcoin's utility by enabling Layer 1 assets and services to thrive on Layer 2.

• Leaders in Optimism: Dora Yue, the mind behind OKX Ventures, anticipates Bitmap Tech's potential to pioneer advanced and comprehensive Bitcoin services.

• Growth Trajectory: The injection of new capital propels Bitmap Tech's, led by CEO Ivan Myashkov, mission to augment the Bitcoin ecosystem and surge its liquidity to new heights.

With $100M starting capital, OKX Ventures arms itself to support crypto innovations, backing ventures like Omega, Renzo, and DexTools.