OKX Ventures Invests in Compute Labs to Pioneer Tokenized GPU Market
Singapore, July 3, 2024 — OKX Ventures, the investment arm of leading crypto exchange and Web3 technology company OKX, today announced its participation in a pre-seed investment round for Compute Labs, a leading tokenized real-world asset (RWA) startup. Compute Labs is leading the transformation of enterprise-grade GPUs into accessible investment opportunities through blockchain technology.
Compute Labs is revolutionizing the compute market by offering users open access to compute revenue via their innovative GPU Restaking solution. This groundbreaking approach democratizes investment in high-value compute assets, making it possible for a broader audience to participate in the compute economy.
The investment from OKX Ventures underscores its continued interest and confidence in the intersection of artificial intelligence (AI), compute infrastructure and blockchain technology. Compute Labs is well-positioned to establish a financial ecosystem for AI and compute, further solidifying its role as a leader in the AI-Fi space.
To learn more about Compute Labs, click here.
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About OKX Ventures
OKX Ventures is the investment arm of leading crypto exchange and Web3 technology company OKX, with an initial capital commitment of USD 100 million. It focuses on exploring the best blockchain projects on a global scale, supporting cutting-edge 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.
Find out more about OKX Ventures here.
