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OKX Ventures Joins US$50 Million Series A Investment in Eclipse, Ethereum's First Layer 2 Using the Solana Virtual Machine (SVM)SINGAPORE, March 12, 2024 /PRNewswire/ -- OKX Ventures, the investment arm of leading crypto exchange and Web3 technology company OKX, today announced its participation in a US$50 million Series A funding round for Eclipse, a pioneering Ethereum Layer 2 solution utilizing the Solana Virtual Machine (SVM). OKX Ventures Founder Dora Yue said: "Eclipse stands out for its unique approach that empowers builders and users alike, and enables developers and users to creatively piece together DApps and protocols. In addition, Eclipse excels in providing a platform for builders to thrive, resulting in an enhanced user experience. Users can also easily provide transaction feedback, trusting the Ethereum-backed SVM. At OKX Ventures, we're committed to supporting user-friendly and innovative projects." About OKX Ventures OKX Ventures is the investment arm of global leading crypto exchange and Web3 technology company OKX, with an initial capital commitment of USD100 million. It focuses on exploring the best blockchain projects on a global scale, supporting cutting-edge blockchain technology innovation, promoting the healthy development of the global blockchain industry, and investing in long-term structural value. Through its commitment to supporting entrepreneurs who contribute to the development of the blockchain industry, OKX Ventures helps build innovative companies and brings global resources and historical experience to blockchain projects. Find out more about OKX Ventures here. View original content to download multimedia:https://www.prnewswire.com/news-releases/okx-ventures-joins-us50-million-series-a-investment-in-eclipse-ethereums-first-layer-2-using-the-solana-virtual-machine-svm-302086174.html SOURCE OKX Ventures |