According to official news, OKX Ventures announced additional investment in Taiko, the second-layer Ethereum network. Taiko is a decentralized Type-1 ZK-EVM. Taiko has successfully run six testnets since 2022, has over 1,100,000 unique wallets, over 30,000 proposers, and over 14,000 validators, supporting over 100 live applications.
“We have participated in two rounds of financing for Taiko so far,” said Dora, founder of OKX Ventures. Taiko continues to follow the original goal and insists on creating a fully decentralized, decentralized sorter and validator, allowing developers to take advantage of the powerful functions of Ethereum L1 without any modification to existing dAPPs and deploy them to Taiko network. Taiko will launch the mainnet in the first half of 2024, entering the next milestone and ushering in explosive ecological growth.