The corporate demand for cryptocurrencies is growing, with Exchange Traded Products (ETPs) volumes increasing. Meanwhile, crypto giants are preparing new massive products for an anticipated bull market, with their venture capital and investment branches leading the charge.
OKX Ventures has released its 2023 annual investment report, detailing investments exceeding $50 million across seven key areas, including infrastructure, DeFi, GameFi, NFT/Metaverse, Web3.0, Bitcoin ecosystem, and artificial intelligence. They have also deepened collaborations with blockchain platforms such as Solana, Near, Polygon, and Avax.
The full list of projects OKX Ventures has invested in includes Celestia, SEI, Scroll, zkPass, Cetus, TRLab, HUG, Mocaverse, and Babylong. Many of these projects are in early stages and could become top-performing altcoins by 2024 if successful.
Firms like OKX Ventures and Binance Labs often invest during the seed phase, allowing them to potentially reap larger gains when the projects issue their tokens. Although Initial Coin Offerings (ICOs) are not as common due to SEC regulations, there are still opportunities for early investments in many projects, albeit with associated risks.
COINTURK provides regular content on current airdrop opportunities and tasks, enabling investors to adopt projects before they hit the mainnet and acquire tokens upon release. Meanwhile, Bitcoin’s price hovers around $44,000, with a general weakness in altcoins due to investor caution amid price fluctuations and expected volatility in the coming week.