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OKX Ventures Invests in GoPlus to Boost Blockchain Security - Blockchain.News

OKX Ventures Invests in GoPlus to Boost Blockchain Security

Alvin Lang Jun 06, 2024 05:10

OKX Ventures announces investment in GoPlus to enhance blockchain security.

OKX Ventures Invests in GoPlus to Boost Blockchain Security

OKX Ventures, the investment arm of the renowned crypto exchange and Web3 technology company OKX, has announced a strategic investment in GoPlus, a platform dedicated to enhancing blockchain security. This move underscores OKX Ventures' commitment to fostering technologies that advance the crypto and blockchain industries, according to OKX Ventures.

GoPlus: A Leader in Blockchain Security

GoPlus stands out in the blockchain security landscape by offering a range of automated security services designed to protect users from various threats in the DeFi space. Its comprehensive suite of tools includes smart contract auditing, real-time threat detection, and anti-phishing solutions. These features are critical for ensuring safe and secure interactions within blockchain ecosystems.

OKX Ventures' Strategic Focus

Recognizing the essential role of security in the adoption and trust of blockchain technologies, OKX Ventures' investment in GoPlus aims to bolster the development of robust security measures. This initiative is intended to safeguard users and enhance the blockchain ecosystem's overall resilience.

Dora Yue, Founder of OKX Ventures, commented, “We are excited to partner with GoPlus, a company that shares our vision of a secure and trustworthy blockchain environment. Its innovative approach to blockchain security aligns perfectly with our mission to foster technological advancements that bring long-term benefits to the crypto community. This investment is a testament to our commitment to empowering projects that prioritize user safety and system integrity.”

Future Plans for GoPlus

With the new investment, GoPlus plans to accelerate the development of its security technologies, expand its team of experts, and broaden its reach to include more blockchain networks and decentralized applications (dApps). The collaboration will also enable GoPlus to leverage OKX’s extensive industry experience and resources to further refine its security solutions.

Mike Lee, Founder of GoPlus, noted, “GoPlus Network is a modular user security layer for Web3. It can seamlessly integrate with any public chain, providing comprehensive protection throughout the user’s transaction lifecycle. GoPlus uses a transparent, decentralized user safety network and cutting-edge artificial intelligence technology for comprehensive risk analysis, providing intelligent and efficient security services for users. Among them, the Token security detection API is integrated with many leading dApps in Web3, with a daily call volume of up to 21 million times. Its personal security platform SecWareX has garnered nearly 9 million registered wallet addresses and 1.8 million unique IP users in just two months after its launch.”

About OKX Ventures

OKX Ventures is the investment arm of the global leading crypto exchange and Web3 technology company OKX, with an initial capital commitment of USD 100 million. The firm focuses on exploring the best blockchain projects globally, supporting blockchain technology innovation, promoting the healthy development of the global blockchain industry, and investing in long-term structural value.

Through its commitment to supporting entrepreneurs who contribute to the development of the blockchain industry, OKX Ventures helps build innovative companies and brings global resources and historical experience to blockchain projects.

Image source: Shutterstock