OKX Ventures Partner Jeff Ren: We not only provide trading services, but also change the industry
OKX Ventures partner Jeff Ren was invited to attend the Ethereum Singapore 2023 conference, where he delivered a keynote speech discussing OKX's current business, OKX Ventures' investment direction, and the development of the Ethereum community.
On September 12, OKX Ventures partner Jeff Ren was invited to attend the Ethereum Singapore 2023 conference and delivered a keynote speech titled "OKX: Bridging OKX Exchange and Ecosystem to Ethereum Community Growth," discussing OKX's current business, OKX Ventures' investment direction, and Ethereum community building.
Ethereum Singapore 2023 aims to cultivate the influence of non-profit and public goods locally, sowing seeds of hope for talent development while showcasing how the local community can unite to create a vibrant Ethereum ecosystem in Singapore. Notable attendees included the Ethereum Foundation, Vitalik Buterin, KPMG, Google Cloud, Circle, Huawei, Matter Labs, Scroll, Coinbase, MakerDAO, Pendle Finance, Zksync, Arbitrum, and LayerZero Labs.
During his speech, Jeff stated, "We fully recognize that the essence of crypto lies in decentralization. Although OKX is already one of the largest crypto exchanges in the world, we are also moving towards a self-custody-driven decentralized finance (DeFi) direction. As a vibrant and continuously evolving company, OKX's collaborations with decentralized protocols like Lido, Sui, Solana, and Gitcoin highlight our broad vision. We are not only facilitating trading but also transforming the industry."
Jeff then briefly introduced OKX's current decentralized business products. According to Jeff, the OKX Web3 wallet achieves security, innovation, and a user-centric commitment, currently integrating over 70 public chains and supporting the creation of MPC and AA wallets, fundamentally changing user autonomy and security. OKX DEX is the most powerful DEX and cross-chain aggregator, now aggregating 10+ cross-chains, 20+ public chains, and 300+ DEXs. The OKX NFT marketplace is becoming a beacon in the growing NFT world, aggregating orders from mainstream NFT platforms like OpenSea, providing a diverse and vibrant ecosystem for collectors and creators. In today's data-driven era, OKLink currently covers over 170 blockchain networks and has recorded over 1000TB of on-chain data, providing AML and KYT support to hundreds of clients, making it a leading global blockchain big data company.
Jeff further pointed out, "Web3 tools are dynamically changing tools. Many people have already realized that a key industry challenge is balancing user-friendliness, security, and decentralization. For example, innovative technologies like account abstraction, multi-signature, and zero-knowledge proofs enhance user experience without compromising security."
As an active participant in the industry, OKX Ventures leads industry transformation by investing in innovative technologies. Jeff stated that OKX Ventures has always been closely connected with the Ethereum community, firmly committed to finding great projects that address core themes of user-friendliness, security, and decentralization. Just as OKX Ventures has contributed to Layer2 technology by investing in pioneering projects like Scroll, Starkware, zkSync, and Taiko, turning vision into action, these Layer2 projects are epitomes of technological innovation, setting benchmarks for the EVM ZK-Rollup world. In the future, OKX Ventures will not stop here; an internal Layer2 ZK-Rollup solution is in preparation and is expected to be launched later this year.
Regarding the future development prospects of the industry, Jeff expressed that OKX Ventures remains loyal to Ethereum community building and is actively supporting, hosting, and organizing demo days and hackathons globally. Additionally, concerning how to enhance the developer base and improve the developer experience, Jeff pointed out that different ecosystems face many pain points, such as opaque funding standards. To address this, he proposed three suggestions: simplifying project funding processes, promoting open-source initiatives, and strengthening communication channels.
Jeff emphasized that OKX Ventures is engaging in deeper connections and collaborations with industry leaders like Gitcoin and EthGlobal, aiming to promote synergy and communication between the Asia-Pacific region and other parts of the world, which can help quality developers more easily obtain funding support in the early stages of their projects.
Finally, Jeff issued a call to action, hoping that more industry partners can unite to jointly build the future of Ethereum.
