Our Investment in zkLink to Unify Liquidity with Aggregated Rollups

OKX Learn

Published on Jul 18, 2024

Updated on Jul 18, 2024

2 min read

We're happy to announce that we have invested in zkLink via our investment arm OKX Ventures. zkLink Labs develops zero-knowledge (ZK) infra solutions for the blockchain ecosystem with the goal of scaling and unifying assets across Ethereum and Ethereum Layer 2 Rollups (L2s).

zkLink's flagship Aggregated Layer 3 zkEVM network (L3), zkLink Nova, aims to reduce liquidity fragmentation - trapped capital across multiple siloed blockchains - while providing security and scalability via zk-Proofs. Nova offers users an open platform to tap into aggregated assets for capital efficient transactions on a single L3.

zkLink Nova launched its mainnet in mid-March, securing a total value locked (TVL) of $1.05 billion in under two months. In addition, the L3 has garnered over 1 million unique wallet addresses, processing over 17 million transactions across nine integrated ecosystems including Ethereum and its ZK and Optimistic Rollups. These include Arbitrum, Optimism, Base, zkSync, Linea, Scroll, Manta Pacific, and Mantle.

zkLink's potential to provide a unified platform for dApps and users, coupled with its commitment to security, positions it as a game-changer in the DeFi sector. This makes the Layer 3 rollup network an attractive investment for us.

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