OKX Ventures announces leading investment in the multi-chain liquidity re-staking protocol BedRock

2024-05-02 13:23:52
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ChainCatcher news, OKX Ventures announced a lead investment in the multi-chain liquidity re-staking protocol Bedrock. Bedrock provides users with institutional-level services, with a total re-staking value exceeding $200 million to date, and will further innovate by building the first liquid-staked Bitcoin (uniBTC) on Babylon.

Dora Yue, founder of OKX Ventures, stated: "With the rapid development of DeFi, the total on-chain staking value has exceeded $93.4 billion, with 48% coming from the liquidity re-staking sector. Our investment in Bedrock aims to accelerate liquidity re-staking solutions. We hope to provide community users with diversified and secure asset management options. We look forward to the gradual maturation and systematization of DeFi use cases, promoting the sustainable development of the Web3 industry."

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