Our Strategic Investment in CARV, the Largest Modular Data Layer for Gaming and AI
We are delighted to announce our strategic investment in CARV, the largest modular data layer for gaming and AI. By participating in the successful US$10 million Series A round led by Tribe Capital and IOSG Ventures, OKX Ventures is thrilled to support CARV’s journey as they continue to innovate and lead in the intersection of gaming and data.
CARV Protocol is a modular cross-chain data layer encompassing components for authentication, storage, processing, and monetization. Adhering to the ERC-7231 standard recently greenlit by the Ethereum Community, CARV ID aggregates over 1 million users’ Web2 and Web3 identities, promoting data self-sovereignty.
CARV Play is the cross-platform credentialing system and the largest Web3 gaming distribution and social platform. With its average daily active wallet count exceeding 500,000 over the past quarter, CARV Play is among the top three most active ecosystems on chains like Linea, opBNB, zkSync, and Ronin, offering an enhanced gaming experience for 2.5 million gamers to share data, build credentials, play games, and earn rewards. About 30% of all existing web3 games have already been onboard onto the platform, from MARBLEX and Shrapnel to Off the Grid, Pixelmon, and Pixels.
Partner of OKX Ventures Jeff Ren said: “We’re supporting CARV because its revolutionary approach is reshaping the way we manage decentralized data. CARV’s modular cross-chain protocol and ID aggregation solutions cultivate data self-sovereignty and integrity, all while emphasizing security and efficiency. We’re excited about the vast potential this partnership holds and are eager to see how the synergy between OKX’s Web3 product suite and CARV’s advanced cross-chain data layer will unfold.”
Looking ahead, CARV is preparing to launch its node sale, aiming to enhance decentralization and bolster trustworthiness across every layer of its protocol.
About CARV
CARV is the largest modular data layer for gaming and AI, revolutionizing how data is used and shared. To pioneer a future where data generates value for all, CARV has built CARV Protocol, the modular data layer integrated with 40+ chain ecosystems, and CARV Play, its flagship gaming superapp. CARV has more than 2.5 million registered users and 700 integrated games. For more information, visit carv.io
About OKX Ventures
OKX Ventures is the investment arm of leading crypto exchange and Web3 technology company, OKX. 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.
