Flash News: OKX Ventures Announces Series A Investment in Taiko, a Decentralized, Ethereum-Equivalent ZK-Rollup
Summary
SINGAPORE , March 2, 2024 /PRNewswire/ -- , the investment arm of leading Web3 technology company , has issued updates for March 2 , 2024.OKX Ventures is pleased to announce its Series A investment in a decentralized , Ethereum -equivalent ZK-Rollup.Since 2022, Taiko has been a leader in innovation, conducting six successful testnets involving over 1,100,000 unique wallets, 30,000+ proposers and 14,000+ provers. With a bustling community of over 850,000 members on Discord and support for over 100 live apps, Taiko plays a crucial role in scaling Ethereum. Taiko has consistently pursued its initial goal of building a fully decentralized network. It has decentralized sequencers and validators that allow developers to leverage the power of Ethereum Layer 1 without altering existing DApps deployed to Taiko. The mainnet is expected to launch in the first half of 2024, marking the next milestone and ushering in a new phase of growth.