Flash News: OKX Ventures Announces Strategic Investment in MyShell, Pioneering AI-Integrated Web3 Technologies

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Mar 27, 2024, 21:35 ET

SINGAPORE, March 27, 2024 /PRNewswire/ -- OKX Ventures, the investment arm of leading Web3 technology company OKX, has issued updates for March 28, 2024.

OKX Ventures Announces Strategic Investment in MyShell, Pioneering AI-Integrated Web3 Technologies

OKX Ventures today announced its strategic investment in MyShell. MyShell, a pioneer in open-source AI foundation models and an AI-powered Web3 ecosystem, offers a unique AI app store that allows creators to easily build AI-native apps, distinguishing it from other AI applications.

MyShell has distinguished itself in the rapidly evolving Web3 landscape with its innovative approach to integrating artificial intelligence with blockchain technology. The platform has garnered widespread acclaim, evidenced by nearly 20,000 stars on Github, one million registered users and a vibrant community of 50,000 creators who publish and manage AI applications.

This strategic investment by OKX Ventures underscores its commitment to fostering cutting-edge technologies that promise to redefine user interactions within the digital space. MyShell's success story includes notable achievements such as the development of advanced voice models that facilitate more natural and intuitive user experiences.

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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.

Disclaimer

SOURCE OKX Ventures