en.bitcoinsistemi.com
OKX Ventures, the Web3 technology firm investment arm of leading cryptocurrency exchange OKX, announced a significant investment in BounceBit, a leading platform focused on the development of Bitcoin ($BTC) currency exchange infrastructure and solutions.
OKX Ventures Made a Strategic Investment in Bitcoin Restaking Platform BounceBit
Since launching, BounceBit achieved Total Locked Value (TVL) of $510 million in its first month of operation.
BounceBit operates as a proof-of-stake (PoS) Layer 1 chain using a distinctive dual-token system that combines native $BTC security with full Ethereum Virtual Machine (EVM) compatibility.
The platform's $BTC Restaking service provides common security for infrastructure and decentralized applications (DApps) on BounceBit, ensuring that key components such as bridges and oracles are validated by restaked $BTC.
Dora Yue, founder of OKX Ventures, expressed her excitement about the strategic investment, saying: “BounceBit has revolutionized the use and potential of $BTC.
Thanks to its dual token system, BounceBit seamlessly combines centralized finance (CeFi) and decentralized finance (DeFi) features, raising standards of security and cross-chain interoperability.
BounceBit's offerings enable $BTC holders to generate profits across multiple networks, while increasing the overall value of the $BTC ecosystem.
“We look forward to the upcoming Bitcoin halving event, which is poised to attract a broader user base and expand $BTC's usage,” he said.
*This is not investment advice.