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Our investment arm, OKX Ventures, has led a US$1.5 million seed funding round for BlockBooster, an Asia-centered venture studio. The funding round also saw participation from Conflux Network, Neighbor Capital Series, IceRiver Venture, and Bitcoin Lab, among others.
With a focus on the infrastructure, social and gaming sectors within Web3, BlockBooster's incubation model offers all-rounded support to high-quality projects, significantly enhancing their success rates and reducing development cycles. By collaborating with top-notch partners, BlockBooster provides extensive, long-term support to select promising project teams on many different aspects, such as product design, go-to-market strategy, business development, talent recruitment, early-stage investment, as well as compliance and risk management.
With this strategic investment, we aim to further enhance our access to investment opportunities of early-stage, quality projects and Web3 talent. We also seek to foster collaboration between BlockBooster, its supported projects, and our OKX ecosystem.
BlockBooster plays an active role in events organized for Web3 builders. Notable events include "BlockBooster Web3.0 Hackathon @HKU" in April 2023, co-hosted with us and Gitcoin; and "Schelling Point .edu Singapore" in September 2023, in collaboration with our Ventures team, Gitcoin and CollegeDAO.
Three Years of Proof of Reserves: USD 35.4 Billion in Primary Assets, Up 75% Year Over Year
Today marks the three-year anniversary of our Proof of Reserves (PoR) program , showing USD 35.4 billion in primary assets backing customer funds - a 75% increase compared to the year prior.
Our 36th consecutive PoR report, independently audited and verified by blockchain security firm Hacken, confirms that we maintain over 100% reserves across 22 most commonly traded assets - including BTC at 105%, ETH at 102%, USDT at 106%, and USDC at 100%.
30 oct. 2025
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OKX
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