OKX Ventures announces strategic investment in zkLink

Odaily Planet Daily News OKX Ventures announced strategic investment in zkLink, and zkLink Nova created by zkLink is a multi-chain aggregation Layer3 network based on zero-knowledge proof technology. It aggregates fragmented liquidity from multiple Layer1 blockchains and Layer2 Rollup networks using zkLink's self-developed multi-chain ZK-Rollup architecture, providing developers with a unified access point. Since 2021, zkLink has evolved into an aggregated infrastructure for assets, liquidity, and applications across various Layer1 and Ethereum Layer2, offering two core solutions zkLink Nova and zkLink X, both utilizing zero-knowledge proof (ZKP) technology to provide developers with a general smart contract platform and customized high-performance solutions respectively. The latest data on the official website shows that the zkLink Nova mainnet, a universal aggregation Layer3, has over 1 million unique wallet addresses, with a total locked value (TVL) reaching 1 billion USD within two months. OKX Ventures founder Dora Yue stated, "With the upgrade of Ethereum 2.0, ZK Rollups and Optimistic Rollups as mainstream scaling solutions have become more prosperous. Meanwhile, the diversity of Layer2 brings challenges of fragmented liquidity and interoperability; zkLink's multi-chain aggregation layer solution enhances fund efficiency and utilization. The March launch of zkLink Nova provides possibilities for one-stop aggregation lending markets, AMM aggregation, multi-chain derivatives, and NFT trading markets, among other new DeFi products; we are delighted to see zkLink Nova's ecosystem rapidly growing into the largest Layer3 network in the current Ethereum ecosystem, collaborating with 8 Layer2 and liquidity hubs. OKX Ventures remains optimistic about zkLink's represented liquidity aggregation layer protocol, continuously improving Web3 infrastructure to prepare for hosting millions of users.