OKX Ventures Makes a Seed Investment in Diva

OKX Ventures is pleased to announce the seed investment in Diva, a community-driven Liquid Staking protocol.

Diva is the first solution providing a Liquid Staking Derivative (divETH) that accrues staking rewards fully powered by Distributed Validation Technology (DVT).

Diva’s DVT introduces a series of innovations to provide truly decentralized staking, as opposed to today’s centralized delegated pools.

Contributors of Diva said, “Diva is the first production-ready solution to truly decentralize Ethereum validation. It removes the economic and technical barriers for stakers and node operators. We expect it to quickly become one of the top Defi protocols”

“We are excited to meet Diva in this investment. OKX Ventures sees the potential in Diva. Compared with the mainstream single-operator solutions, DVT improves network redundancy and reduces risk of single point of failure.” said Dora, Founder of OKX Ventures.

About OKX Ventures

OKX Ventures is an investment institution under the worldwide top trading platform OKX. It focuses on exploring the best blockchain projects on a global scale, supporting the most cutting-edge blockchain technology innovation, promoting the healthy development of the global blockchain industry, and investing in long-term structural value.

OKX Ventures is also committed to helping entrepreneurs who contribute to the development of the blockchain industry build great companies and bring global resources and historical experience to blockchain projects. The initial capital of OKX Ventures is USD 100 million.