OKX Ventures Partner Jeff Ren Shares Insights at “A New Alternative for Dubai” Event, Highlighting Crypto Innovation

OKX Ventures
4 min readOct 14, 2024

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At a high-profile gala event hosted by OKX at the Museum of the Future in Dubai, titled “A New Alternative for Dubai,” Jeff Ren, Partner at OKX Ventures, took center stage to share valuable insights into the future of cryptocurrency and OKX Ventures’ role in shaping the blockchain landscape.

The event, which brought together global leaders, visionaries and industry pioneers, served multiple purposes, including:

  • Announcing that OKX is operationally live and licensed in the UAE; with the announcement, the firm is now the first global crypto company in UAE to offer AED banking rails for its retail and institutional customers
  • Bringing together industry leaders to explore blockchain’s future impact across sectors and discuss Dubai’s growing influence on the crypto world
    · In addition to Jeff Ren, the event featured OKX Middle East General
    Manager Rifad Mahasneh, OKX CEO Star Xu, OKX CMO Haider Rafique,
    Manchester City men’s first team manager Pep Guardiola, Founder and
    Managing Partner of Skybridge Capital Anthony Scaramucci, Polygon
    Co-founder Sandeep Nailwal and Co-creator of Stacks Muneeb Ali as
    guest speakers and panelists
  • Showcasing OKX’s commitment to being a responsible crypto player

Jeff Ren engaged in a fireside chat alongside Anthony Scaramucci, Founder of SkyBridge Capital, exploring OKX Ventures’ strategic vision and its commitment to fostering innovation in the blockchain space. During his talk, Jeff emphasized the unique environment Dubai offers for blockchain companies, praising the city’s strong leadership and forward-thinking regulatory frameworks.

“Dubai is the Land of Promise and Future,” Jeff remarked, highlighting the city’s robust legal infrastructure and business-friendly climate. He underscored that OKX Ventures is dedicated to collaborating closely with Web3 developers, builders and ecosystem partners to bring groundbreaking projects to life in Dubai, solidifying the region’s status as the next global crypto hub.

Jeff Ren also outlined OKX Ventures’ strategic priorities moving forward, discussing the firm’s plans to support groundbreaking projects that are harnessing blockchain technology to reshape industries. “OKX Ventures is product-driven and deeply focused on blockchain-centered innovation. We are proud to partner with key players in the space, from Layer 1 and Layer 2 solutions to emerging decentralized applications,” highlighting OKX Ventures’ investment philosophy.

Jeff also shared OKX Ventures’ commitment to decentralization, noting that while OKX is often seen as a centralized platform, the company actively supports decentralized initiatives. He provided examples of OKX Ventures’ collaborations with DeFi protocols and its work in creating infrastructure for seamless interaction between centralized and decentralized worlds. This approach, Jeff explained, offers users and developers a “new alternative” to traditional models, one that is more transparent, inclusive, and future-proof.

In his conversation with Scaramucci, Jeff spoke candidly about the future of the digital asset space, predicting that tokenized real-world assets could be the next major breakthrough in blockchain. “The real potential lies in tokenizing assets like carbon credits or intellectual property and integrating them with blockchain technology,” Jeff commented, adding that this would open up new opportunities for investors and entrepreneurs alike. He also touched on the rising trend of Bitcoin’s layer 2 innovations, which are creating new use cases and expanding Bitcoin’s utility beyond its traditional role as a store of value. On the same day, Jeff and Anthony also sat down for an interview with Coindesk.
Watch the full video here: https://www.coindesk.com/video/the-future-of-crypto-and-investment-roundtable-a-dubai-special-with-anthony-scaramucci-and-jeff-ren/

About OKX Ventures

OKX Ventures is the investment arm of global leading crypto exchange and Web3 technology company OKX, with an initial capital commitment of USD100 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.

Disclaimer

This announcement is provided for informational purposes only. It is not intended to provide any investment, tax, or legal advice, nor should it be considered an offer to purchase, sell, hold or offer any services relating to digital assets. Digital assets, including stablecoins, involve a high degree of risk, can fluctuate greatly, and can even become worthless. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and risk tolerance. OKX does not provide investment or asset recommendations. You are solely responsible for your investment decisions, and OKX is not responsible for any potential losses. Past performance is not indicative of future results. Not all products are available in all regions. Please consult your legal/tax/investment professional for questions about your specific circumstances. OKX Middle East Fintech FZE is licensed by the Virtual Assets Regulatory Authority (VARA) to provide VA Exchange Services, VA Management and Investment Services, and VA Lending and Borrowing Services. OKX Middle East Fintech FZE operates under VASP Reference: VL/23/12/003.

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OKX Ventures
OKX Ventures

Written by OKX Ventures

OKX Ventures is an investment institution under OKX.com, focusing on exploring the best blockchain projects across the globe.

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