OKX Invests $100 Million in its X Layer Ecosystem to Fuel Blockchain Innovation

Crypto exchange OKX is launching a dedicated $100 million fund to support developers building within its X Layer ecosystem. This move underscores OKX’s long-term commitment to driving blockchain innovation and solidifies its position in the rapidly evolving crypto market. CEO Star Xu emphasized a focus on sustainable projects that contribute to the longevity of the space, while also addressing the need for builders who prioritize technology over quick-profits strategies.