OKEx Blockdream Ventures

Block Dream Fund, the investment arm of the exchange OKEx, launched a strategic investment fund that will bring $20 million of new capital to accelerate the growth and development of key projects in the Solana ecosystem.

Fund Announcement

Block Dream Fund was established by the exchange OKEx in February 2021. OKEx has allocated $100 million to the Block Dream Fund in a bid to empower talented entrepreneurs and exceptional projects innovating with blockchain technology.

Block Dream Fund is an investment institution under OKEx, focusing on exploring the best blockchain projects across the globe. It supports the most innovative early-stage blockchain projects.

Block Dream Fund will help early stage startups in Solana ecosystem to identify growth opportunities in new markets, and expand business operations to the asia-pacific region. As a global brand, Block Dream Fund’s media network will help startups discover new customers across the world. In the last month alone, over 50 market-ready projects launched on Solana. These included industry-leading DeFi applications, markets for NFTs, and infrastructure to support the next generation of Web 3 companies. Recent initiatives such as the Solana x Serum DeFi Hackathon saw 100+ project submissions from 3,000 builders, just as Raydium, an automated market maker (AMM) and liquidity provider built on the Solana blockchain for the Serum decentralized exchange (DEX), surpassed $160m total value locked, increasing more than 3000% in less than two months. With the rapid growth of the Solana ecosystem, the Block Dream Fund looks forward to providing continued support to companies building on Solana.

Apply Now

DISCLAIMER: The information presented herein has been provided by third parties and is made available solely for general information purposes. The operator of Solana.com (“Solana.com”) does not warrant the accuracy, completeness or usefulness of this information. Any reliance you place on such information is strictly at your own risk. Solana.com disclaims all liability and responsibility arising from any reliance placed on this information by you or by anyone who may be informed of any of its contents. All statements and/or opinions expressed in these materials are solely the responsibility of the person or entity providing those materials and do not necessarily represent the opinion of Solana.com. The information should not be construed as professional or financial advice of any kind. Advice from a suitably qualified professional should always be sought in relation to any particular matter or circumstance.

The information herein may link to or integrate with other websites operated or content provided by third parties, and such other websites may link to this website. Solana.com has no control over any such other websites or their content and will have no liability arising out of or related to such websites or their content. The existence of any such link does not constitute an endorsement of such websites, the content of the websites, or the operators of the websites. These links are being provided to you only as a convenience and you release and hold Solana.com harmless from any and all liability arising from your use of this information or the information provided by any third-party website or service.