OKX Ventures Makes Investment in 0xScope, a Knowledge Graph Protocol

OKX Ventures Invests in Data Intelligence Platform 0xScope

OKX Ventures, the investment arm of crypto exchange OKX, has made an investment in data intelligence platform 0xScope as part of its ongoing portfolio expansion.

Creating an Inclusive Ecosystem for Web2 and Web3 Data

0xScope, a knowledge graph protocol provider for Web2 and Web3 data, stated that the new capital will be used to develop an inclusive, open-source ecosystem that facilitates the seamless uploading, validation, processing, and downloading of Web2 and Web3 data.

Investment Size Not Disclosed

The specific size of OKX Ventures’ investment in 0xScope has not been disclosed.

The Crucial Role of Data in Web3 Technology

Dora Yue, founder of OKX Ventures, emphasized the importance of data in Web3 technology. She stated that 0xScope has made significant progress in three key areas: cross-chain integration, decentralized storage, and privacy computing.

Previous Investment in Moonbox

In August, OKX Ventures announced a $1 million investment in Moonbox, a Hong Kong-based startup focused on artificial intelligence and Web3 technologies.

Hot Take: Expanding Portfolio and Advancing Web2 and Web3 Data Analytics

OKX Ventures’ investment in 0xScope demonstrates their commitment to expanding their portfolio and supporting innovative companies in the field of data analytics for both Web2 and Web3 technologies. With the new capital infusion, 0xScope aims to further develop their knowledge graph protocol and create a collaborative ecosystem for seamless data management. This investment highlights the growing importance of data intelligence platforms in shaping the future of decentralized technologies.