OKX Ventures Announces Investment in bitSmiley, a Stablecoin Protocol in the Bitcoin Ecosystem
SINGAPORE, Jan. 28, 2024 (GLOBE NEWSWIRE) -- OKX Ventures , the investment arm of leading crypto exchange and Web3 technology company OKX, today announced that it has invested in bitSmiley , a stablecoin protocol in the Bitcoin ecosystem.
- SINGAPORE, Jan. 28, 2024 (GLOBE NEWSWIRE) -- OKX Ventures , the investment arm of leading crypto exchange and Web3 technology company OKX, today announced that it has invested in bitSmiley , a stablecoin protocol in the Bitcoin ecosystem.
- bitSmiley is a company that provides comprehensive Bitcoin DeFi solutions, aiming to fill the gap of stablecoins and lending infrastructure in the Bitcoin ecosystem.
- OKX Ventures Founder Dora Yue said: "Bitcoin, as the cornerstone of the crypto field, has strong value consensus and security but lacks programmability and scalability.
- bitSmiley is our important investment in the BTC ecosystem, and we believe it will bring more vitality and reform to Bitcoin."