OKX Launches $100 Million Ecosystem Fund for X Layer

CN
2 hours ago

X Layer Ecosystem Fund to Back Global Onchain Builders

OKX is putting serious weight behind its Layer-2 ambitions. Founder and CEO of the exchange, @star_okx, announced the launch of a $100 million X Layer ecosystem fund, designed to support developers creating the next generation of decentralized applications.

Built on Ethereum’s ZK-powered technology stack, X Layer positions itself as more than just another scaling solution. According to OKX, the chain is intended to be a hub for the broader on-chain economy, connecting seamlessly with major ecosystems including Ethereum, Base, and Solana.

Speaking about X Layer, @felix_okx emphasized that X Layer is “builder-first, not profit-first.” He also highlighted the company’s plans to foster collaboration among leading projects while setting fair, transparent standards for newcomers.

X Layer aims to deliver a high-performance infrastructure and a unified experience across trading, wallets, and decentralized finance. By enabling smoother transfers, staking, and trading flows, OKX believes X Layer will unlock new opportunities that weren’t possible before.

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