Singapore – OKX Ventures, the investment arm of leading crypto exchange and Web3 technology company OKX, has announced a strategic investment in Bitmap Tech, the team behind Merlin Chain—a native Bitcoin Layer 2 solution. This partnership aims to accelerate innovation and liquidity within the Bitcoin ecosystem.
Investment Highlights
- Bitmap Tech’s Market Impact: With a market cap exceeding $500 million, Bitmap Tech’s BRC-420 "Blue Box" collection ranks among the most valuable Ordinals assets.
- Merlin Chain’s Vision: A Bitcoin Layer 2 integrating ZK-Rollup technology, decentralized oracles, and on-chain fraud proofs to enhance Bitcoin’s utility.
- Community Growth: Strong global traction, with plans to support BRC-20, BRC-420, ARC-20, Bitmap, and other native BTC Layer 1 assets.
OKX Ventures’ Strategic Role
Dora Yue, Founder of OKX Ventures, emphasized Bitmap Tech’s alignment with OKX’s mission:
"Bitmap Tech’s innovative approach to Bitcoin Layer 2 solutions resonates with our vision. We’re excited to support their efforts in making Bitcoin more accessible and dynamic for users worldwide."
The investment will fuel ecosystem development, including DApp expansion and liquidity enhancements for Merlin Chain.
FAQ Section
1. What is Bitmap Tech’s primary focus?
Bitmap Tech develops infrastructure for Bitcoin’s Layer 2, including Merlin Chain, which integrates scalability solutions like ZK-Rollups.
2. Why did OKX Ventures invest in Bitmap Tech?
OKX Ventures recognizes Bitmap Tech’s potential to innovate Bitcoin’s utility and enhance user experience through Layer 2 solutions.
3. How does Merlin Chain improve Bitcoin’s functionality?
By enabling faster transactions, lower fees, and support for diverse Bitcoin-native assets (e.g., BRC-20, Ordinals), Merlin Chain expands Bitcoin’s use cases.
4. What are BRC-420 "Blue Box" assets?
A high-value Ordinals collection by Bitmap Tech, driving demand in the Bitcoin digital artifact ecosystem.
👉 Explore Bitcoin Layer 2 innovations
Expanding the Bitcoin Ecosystem
Key Developments
- Merlin Chain’s Roadmap: Plans to onboard more DApps and optimize cross-chain interoperability.
- OKX Ventures’ Support: Funding will accelerate tooling for developers and end-users.
Institutional and Community Impact
- Liquidity Boost: Enhanced trading and staking opportunities for BTC-native assets.
- Global Adoption: Bitmap Tech’s community-driven growth aligns with OKX’s expansion into Europe and beyond.
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Disclaimer: This content is for informational purposes only and does not constitute financial advice. Crypto investments are volatile; assess risks carefully.
© 2025 OKX. All rights reserved.
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