OKX Ventures Partner Jeff Ren Shares Insights at 'A New Alternative for Dubai' Event; Firm Also Invests in Solv Protocol

SINGAPORE, Oct. 15, 2024 (GLOBE NEWSWIRE) -- OKX Ventures, the investment arm of leading Web3 technology company OKX, has issued updates for October 15, 2024

OKX Ventures Updates for Oct. 15, 2024

OKX Ventures Partner Jeff Ren Shares Insights at "A New Alternative for Dubai" Event; Firm Also Invests in Solv Protocol

OKX Ventures today announced two updates:

OKX Ventures Partner Jeff Ren shared his insights at the "A New Alternative for Dubai" event, discussing the latest trends in crypto and Web3.

OKX Ventures also announced an investment in Solv Protocol, a decentralized derivatives exchange.

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OKX Ventures Partner Jeff Ren Shares Insights at "A New Alternative for Dubai" Event

OKX Ventures Partner Jeff Ren shared his insights at the "A New Alternative for Dubai" event, which was held in Dubai on Oct. 14, 2024. The event brought together leaders from the crypto, Web3 and venture capital industries to discuss the latest trends and opportunities in the region.

During the event, Ren shared his perspectives on the evolving regulatory landscape in Dubai and the role of VCs in supporting Web3 startups. He also highlighted OKX Ventures' approach to identifying and investing in promising blockchain projects that contribute to the long-term growth of the Web3 ecosystem.

"Dubai is rapidly emerging as a hub for crypto and Web3 innovation, thanks to its progressive policies and thriving business environment," said Ren. "We're excited to be a part of this growth and to support the next generation of Web3 startups that are shaping the future of technology."

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OKX Ventures Invests in Solv Protocol, a Decentralized Derivatives Exchange

OKX Ventures announced an investment in Solv Protocol, a decentralized derivatives exchange that aims to provide traders with a seamless and efficient trading experience. Solv Protocol is building a derivatives exchange on Solana that offers cross-margin trading, advanced order types and a user-friendly interface.

The Solv Protocol team is composed of experienced engineers and traders from traditional finance and crypto backgrounds. They share a common goal of making derivatives trading more accessible and transparent through the power of Solana and blockchain technology.

"We're excited to announce our investment in Solv Protocol, a promising project that's bringing derivatives trading to the next level on Solana," said an OKX Ventures spokesperson. "The Solv team is pushing the boundaries of innovation and creating a platform that caters to the evolving needs of traders in the Web3 space."

To learn more about OKX Ventures, visit https://www.okx.com/ventures.

For further information, please contact:

Media@okx.com

About OKX Ventures

OKX Ventures is the investment arm of global leading crypto exchange and Web3 technology company OKX. 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.

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