SINGAPORE, March 12, 2024 /PRNewswire/ -- , 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 , a pioneering Ethereum Layer 2 solution utilizing the Solana Virtual Machine (SVM). Eclipse is committed to offering a Layer 2 that excels in speed, security and scalability, promising an environment where powerful applications can seamlessly interact among millions of users.Eclipse Labs Founder Neel Somani said: "Eclipse aims to be the quickest Layer 2 on Ethereum, leveraging the most efficient components of the available modular stack. Eclipse fuses the high-performance SVM with Ethereums vast liquidity pools, ensuring verifiability. In addition, Eclipse excels in providing a platform for builders to thrive, resulting in an enhanced user experience. "For further information, please contact: Media@okx.comOKX Ventures is the investment arm of global leading crypto exchange and Web3 technology company OKX, with an initial capital commitment of USD100 million.