OKX Ventures Investment Logic: Breaking the Bottleneck of On-Chain Capital Markets Focused on building infrastructure that reduces trust costs and efficiency friction, targeting the three core solutions of RWA 2.0: settlement depth, verifiability, and sustainable yield. 1️⃣ Axis —— On-Chain Arbitrage as Infrastructure Core: A verifiable, multi-strategy on-chain Delta-Neutral arbitrage engine. Differentiation: Rejects reliance on single basis trades, dynamically captures funding rates, CEX-DEX spreads, and cross-regional premiums. Product: USDx. Eliminates the “black box yield” discount through machine-readable transparency (high-frequency PoR/NAV, independent verification). 2️⃣ Accountable —— Privacy-Protecting Verification Base Core: Transforms institutional trust into machine-readable engineering primitives. Technology: Utilizes zkTLS and secure computation to verify asset/liability states without exposing position privacy. Value: Upgrades PoR from “periodic reporting” to “continuous, insurable real-time verification,” significantly reducing counterparty risk premiums. The evolution of infrastructure is driving on-chain capital efficiency to rival, or even surpass, traditional markets.