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OKX Ventures portfolio: 121 companies, average round $9.6M

121 OKX Ventures portfolio companies tracked on NAUT, from March 2021 to October 2025. Logos: LayerZero, 0G, Eclipse, ZkSync, Portal to Bitcoin, Movement, Taiko, Babylon, Camp Network, io.net, Ether.Fi, Stakestone.

NAUT tracks 121 companies in the OKX Ventures portfolio, across 132 funding rounds announced between March 2021 and October 2025. The 118 rounds with a disclosed size add up to $1.14B, the average one is $9.6M and the median is $5.2M, and DeFi is the largest sector group with 44 companies.

Data note. Counted on 26 October 2026 from NAUT's own database: the company rows tied to the investment rows where NAUT records OKX Ventures as a backer. The fund's own NAUT page counts 134 stored investment rows; this page counts 132 rounds, because 2 pairs of those rows are each one round ingested twice from 2 aggregators and counted once here: the $2.3M round of February 2025 into LAB (prev. Memes Lab), and the $18.0M Series A of December 2023 into Babylon, stored a day apart on 7 and 8 December with overlapping backers. Those are the only 2 duplicates in the set: no other company here holds 2 rows of the same size and the same round type. Where the copies list different backers, the co-investor counts below read both lists as 1 round: that is where Castrum Capital and Oak Grove Ventures enter the 409. There is no duplicate fund row to correct: the only near matches in the database are the OKX exchange row and its wallet product, both with 0 backer rows of their own, so every count below rests on 1 investor row.

23 of the 132 rounds carry no announcement date and 14 carry no amount, so the 109 dated rounds define the window above and a date is shown only where NAUT holds one. The newest round in the set was announced in October 2025, so read this as NAUT's coverage of the fund rather than its position this quarter. OKX Ventures describes itself as a $100M investment arm on OKX's own learn pages and publishes no portfolio count, so the 121 companies here are the part NAUT has verified. A company carries every sector tag NAUT holds for it, and 47 of the 121 carry 2 or more, so the sector columns below add up past 121 on purpose. Written by NAUT Research.

What is in the OKX Ventures portfolio on NAUT?

22 sector tags, plus 17 companies with no tag at all, led by DeFi, infrastructure and gaming. The average round rises with the stack: $20.7M in base layers and $17.1M in infrastructure, against $6.0M in gaming.

Sector tag Companies Rounds Sized Avg
DeFi 44 48 39 $12.4M
Infrastructure 31 40 36 $17.1M
Gaming 22 23 23 $6.0M
No tag 17 17 17 $4.4M
L1, L2, L3 16 20 17 $20.7M
AI 13 17 13 $15.1M
SocialFi 7 7 7 $7.8M
DEX 6 6 4 $5.9M
RWA 5 8 7 $8.8M
Privacy 5 5 4 $16.6M
Stablecoins 4 4 4 $5.6M
Tools 4 4 4 $8.2M
Security 3 3 2 $14.0M
DePIN 3 3 1 $30.0M
CEX 3 3 1 $7.0M
Payment 2 2 1 $5.0M
IP 1 3 3 $10.0M
Launchpad 1 1 1 $2.3M
Neobank 1 1 1 $22.0M
DeFAI 1 1 1 $8.0M
Media 1 1 1 $4.3M
Wallet 1 1 1 $1.9M
Intelligence 1 1 1 $1.0M

Those averages are the size of the whole round, not this fund's own cheque, which these rounds rarely disclose. These OKX Ventures investments reach back to March 2021, so the mix reads as the fund's history as much as its position today. 4 tags rest on a single disclosed round, so read DePIN at $30.0M and Neobank at $22.0M as 1 deal each rather than a pattern.

OKX Ventures portfolio companies by sector

Every company below links to its NAUT page, which lists its team, its rounds and the other funds on its cap table. Raised adds up every round NAUT holds an amount for, so a company backed twice shows the sum of both.

DeFi (44 companies)

The largest group in the set, 44 companies across 48 rounds, with an average round of $12.4M.

Company Rounds Raised Latest
1 $120.0M Series B, Apr 2023
2 $42.5M Seed, Jan 2024
1 $30.0M Series A, Mar 2024
1 $27.0M Series A, Feb 2024
1 $22.0M Funding round, Nov 2024
1 $20.0M No date stored
1 $20.0M Series A, Aug 2024
1 $18.0M Series A, Dec 2023
1 $16.0M Seed, Jul 2024
1 $14.4M Strategic, Feb 2024
1 $11.0M Strategic, Oct 2024
1 $10.0M Funding round, Jun 2024
1 $10.0M Funding round, Feb 2022
1 $10.0M Series A, Dec 2024
1 $9.0M Funding round, Mar 2024
1 $8.0M Seed, Jul 2024
1 $8.0M No date stored
1 $8.0M Seed, Apr 2024
1 $7.0M Funding round, May 2021
1 $6.5M Seed, Jul 2023
2 $6.0M Seed, Feb 2024
2 $5.0M Seed, Mar 2024
1 $5.0M Funding round, Feb 2022
1 $5.0M Seed, Jun 2021
1 $5.0M No date stored
1 $4.8M Strategic, Feb 2022
1 $4.7M Funding round, Jul 2021
1 $4.5M Seed, Mar 2022
1 $3.3M Seed and Private Rounds, May 2021
1 $3.2M Seed, Jan 2024
1 $3.0M Seed, Jan 2022
1 $3.0M Private, Sep 2022
1 $2.5M Private, Mar 2021
1 $2.5M Series A, Apr 2021
1 $2.0M Funding round, Mar 2021
1 $2.0M Funding round, May 2021
1 $1.5M Funding round, Sep 2021
1 $1.4M Funding round, Apr 2021
1 - No date stored
1 - No date stored
1 - No date stored
2 - No date stored
1 - No date stored
1 - Series A, Sep 2021

Infrastructure (31 companies)

Chains, bridges, data layers, staking and node services, the group with the largest disclosed total at $614.0M.

Company Rounds Raised Latest
1 $120.0M Series B, Apr 2023
2 $75.0M Seed, Nov 2024
1 $50.0M Series A, Mar 2024
2 $42.5M Seed, Jan 2024
1 $38.0M Series A, Apr 2024
2 $37.0M Series A, Mar 2024
3 $30.0M Series A, Apr 2025
1 $30.0M Series A, Mar 2024
1 $27.0M Series A, Feb 2024
1 $22.0M Funding round, Nov 2024
1 $18.0M Series A, Dec 2023
2 $16.0M No date stored
1 $14.4M Strategic, Feb 2024
1 $12.0M No date stored
1 $11.9M No date stored
2 $11.0M No date stored
1 $9.0M Funding round, Mar 2024
1 $8.0M Seed, Jul 2024
1 $8.0M Seed, Apr 2024
1 $7.0M No date stored
1 $5.8M Private, Mar 2022
2 $5.0M Seed, Mar 2024
1 $3.5M Seed, Jan 2023
1 $3.0M Seed, Apr 2021
1 $2.5M Private, Mar 2021
1 $2.0M Seed, Jun 2021
1 $2.0M Funding round, Mar 2021
1 $1.9M Seed and Private Rounds, Apr 2021
1 $1.5M Seed and Private Rounds, Apr 2021
2 - No date stored
1 - No date stored

Gaming (22 companies)

Every one of these 23 rounds discloses an amount, and the average of $6.0M is the lowest of the 6 biggest sector tags.

Company Rounds Raised Latest
2 $16.0M Series A, Jun 2024
1 $15.0M Seed and Private Rounds, Dec 2021
1 $10.5M Seed and Private Rounds, Feb 2022
1 $10.5M Seed and Private Rounds, Feb 2022
1 $10.0M Funding round, Mar 2022
1 $10.0M Series A, Apr 2024
1 $10.0M Funding round, Jun 2022
1 $8.6M Seed, Oct 2021
1 $8.5M Pre-Series A, Oct 2021
1 $7.0M Funding round, Apr 2022
1 $5.4M Funding round, Dec 2021
1 $4.3M Funding round, Dec 2021
1 $4.0M Funding round, Jan 2022
1 $3.5M Seed, Apr 2022
1 $2.4M Strategic, Dec 2021
1 $2.4M Private, Jan 2022
1 $2.0M Seed, Feb 2022
1 $1.9M Funding round, Mar 2021
1 $1.7M Seed and Private Rounds, Oct 2021
1 $1.6M Strategic, Jan 2022
1 $1.6M Strategic, Jul 2021
1 $1.0M Private, Apr 2021

Layer 1, 2 and 3 (16 companies)

Base layers and rollups, with the highest average round of the 6 biggest sector tags at $20.7M.

Company Rounds Raised Latest
2 $75.0M Seed, Nov 2024
1 $50.0M Series A, Mar 2024
1 $50.0M Series B, Nov 2021
1 $38.0M Series A, Apr 2024
3 $30.0M Series A, Apr 2025
1 $30.0M Series A, Mar 2024
1 $20.0M Series A, Aug 2024
1 $14.4M Strategic, Feb 2024
1 $12.0M No date stored
1 $10.0M Funding round, Mar 2024
1 $10.0M Funding round, Jun 2022
2 $6.0M Seed, Feb 2024
1 $5.0M Funding round, May 2021
1 $2.0M Seed, Jun 2021
1 - No date stored
1 - No date stored

AI (13 companies)

An average round of $15.1M, across 13 disclosed rounds.

Company Rounds Raised Latest
2 $75.0M Seed, Nov 2024
3 $30.0M Series A, Apr 2025
1 $30.0M Series A, Mar 2024
1 $11.0M Pre-Series A, Mar 2024
1 $10.5M Seed and Private Rounds, Feb 2022
1 $10.5M Seed and Private Rounds, Feb 2022
1 $10.0M Series A, Apr 2024
1 $9.0M Funding round, Mar 2024
2 $5.0M Seed, Mar 2024
1 $5.0M Seed, Jun 2021
1 - No date stored
1 - No date stored
1 - No date stored

SocialFi (7 companies)

Social apps and creator platforms, every round with a disclosed amount.

Company Rounds Raised Latest
1 $20.0M No date stored
1 $11.9M No date stored
1 $9.0M Funding round, Mar 2024
1 $6.0M Seed, Oct 2023
1 $3.6M Funding round, May 2022
1 $2.4M Strategic, Dec 2021
1 $1.6M Strategic, Jan 2022

Decentralized exchanges (6 companies)

Onchain exchanges and perps venues, 4 of the 6 with a disclosed round.

Company Rounds Raised Latest
1 $7.5M Seed, Apr 2024
1 $7.0M Funding round, May 2021
1 $6.0M Funding round, Apr 2024
1 $3.0M Seed and Private Rounds, Mar 2021
1 - No date stored
1 - No date stored

No sector tag (17 companies)

17 companies NAUT holds no sector tag for, so a sector filter never surfaces them. The average round here is $4.4M, below every sector tag with more than 4 companies.

Company Rounds Raised Latest
1 $18.0M Funding round, Apr 2021
1 $9.0M Funding round, Jan 2022
1 $8.5M Funding round, Oct 2021
1 $7.0M Funding round, Mar 2021
1 $6.0M Private, Feb 2022
1 $4.0M Seed, May 2021
1 $3.8M Seed and Private Rounds, Mar 2022
1 $3.0M Strategic, Mar 2021
1 $2.7M Funding round, Mar 2021
1 $2.1M Seed, May 2024
1 $2.0M Funding round, Sep 2021
1 $2.0M Funding round, Apr 2021
1 $1.8M Seed, Nov 2021
1 $1.5M Funding round, Apr 2021
1 $1.4M Funding round, Dec 2021
1 $1.1M Funding round, Apr 2021
1 $0.5M Strategic, Oct 2025

Smaller sector tags

15 more tags hold 5 companies or fewer each. Most of these companies also sit in a bigger group above, and 10 of them appear only here.

Sector tag Count Avg round Companies
RWA 5 $8.8M , , , ,
Privacy 5 $16.6M , , , ,
Stablecoins 4 $5.6M , , ,
Tools 4 $8.2M , , ,
Security 3 $14.0M , ,
DePIN 3 $30.0M , ,
Centralized exchanges 3 $7.0M , ,
Payment 2 $5.0M ,
IP 1 $10.0M
Launchpad 1 $2.3M
Neobank 1 $22.0M
DeFAI 1 $8.0M
Media 1 $4.3M
Wallet 1 $1.9M
Intelligence 1 $1.0M

How big a round does OKX Ventures join?

The rounds in this set run from $0.5M to $120.0M. The average is $9.6M and the median is $5.2M, so half of these rounds are $5.2M or smaller and the average sits near twice the typical deal. 10 rounds of $25.0M or more pull it up, and the largest of them is the $120.0M Series B of LayerZero in April 2023.

Disclosed total per company, the 11 largest in the set
  1. LayerZero$120.0M
  2. 0G$75.0M
  3. Eclipse$50.0M
  4. ZkSync$50.0M
  5. Portal to Bitcoin$42.5M
  6. Movement$38.0M
  7. Taiko$37.0M
  8. Camp Network$30.0M
  9. io.net$30.0M
  10. Ether.Fi$27.0M
  11. Stakestone$22.0M

The chart adds every disclosed round per company, so 0G shows its $35.0M pre-seed of March 2024 and its $40.0M seed of November 2024 together. 14 rounds sit in no bar, because NAUT holds no amount for them.

What the source check found

1 of the 15 largest rows does not hold up outside the aggregator it came from. The $18.0M round of April 2021 that NAUT files against Globe Derivative Exchange is reported by its source as a round backed by OKEx, the exchange, rather than by the fund, and OKEx and OKX Ventures are separate rows in NAUT. That row stays visible in the tables above, because hiding a row is how a wrong number survives, and its $18.0M is the one figure on this page to treat as unconfirmed.

Which companies did OKX Ventures back more than once?

10 of the 121 companies appear in more than 1 round, and 111 appear in 1. Camp Network is the only company here on 3 rounds, including the $25.0M Series A of April 2025 that its own press coverage names OKX as a participant in.

Company Rounds Raised Latest Sectors
3 $30.0M Series A, Apr 2025 Layer 1, 2 and 3, IP, AI, RWA, Infrastructure
2 $75.0M Seed, Nov 2024 AI, Infrastructure, Layer 1, 2 and 3
2 $42.5M Seed, Jan 2024 Infrastructure, DeFi
2 $37.0M Series A, Mar 2024 Infrastructure
2 $16.0M Series A, Jun 2024 Gaming
2 $16.0M No date stored Infrastructure
2 $11.0M No date stored Infrastructure
2 $6.0M Seed, Feb 2024 Layer 1, 2 and 3, DeFi, RWA
2 $5.0M Seed, Mar 2024 Infrastructure, AI, DeFi
2 - No date stored DeFi, Infrastructure

Who invests alongside OKX Ventures?

NAUT records 409 other firms as backers somewhere in these 132 rounds, and 71 of them appear in 5 or more. LD Capital is the most frequent at 25 rounds, ahead of Mirana Ventures at 18 and NGC Ventures and AU21 Capital at 17 each.

Firm Rounds shared
25
18
17
17
16
14
14
14
13
13
12
12
12
12
12
Rounds shared with OKX Ventures, the 10 firms that appear most often
  1. LD Capital25
  2. Mirana Ventures18
  3. NGC Ventures17
  4. AU21 Capital17
  5. SevenX Ventures16
  6. HTX Ventures14
  7. Animoca Brands14
  8. Spark Digital Capital14
  9. Digital Finance Group13
  10. Momentum 613

That list is a second route in. An introduction through a firm that has sat in 12 or more of these rounds reaches the same table as a cold note to the fund, and every firm above has its own NAUT page with the people on it.

What the OKX Ventures portfolio tells a BD team

  • Size the pitch to the median round. Half of these rounds are $5.2M or smaller, so a pitch sized for a $20.0M team aims past most of this list.
  • 17 companies carry no sector tag. A sector filter never surfaces them, so work the table above rather than a tag search.
  • 71 firms share 5 or more rounds with the fund. A warm path through 1 of them reaches the same cap table as a cold approach to the fund.
  • 10 companies took a second cheque from this fund. Those teams have the warmest path to it, and their NAUT pages name the people on both sides.
  • The newest round here was announced in October 2025. Check each company's NAUT page for what it has raised since before you use a round size in a pitch.

Any crypto VC portfolio list ages from the day it is published, so this page carries the date it was counted and links the row behind every number.

How a BD team can work this list
  1. Pick the sector you sell intoDeFi holds 44 of the 121 companies, infrastructure 31 and gaming 22, so start with 1 group and work it top down.
  2. Size the pitch to $5.2MThat is the median round in this set, against an average of $9.6M, so most of these teams are smaller than the headline suggests.
  3. Go through a co-investor71 firms share 5 or more of these 132 rounds, from LD Capital at 25, so a warm path through 1 of them reaches the same table.
  4. Find the person on the NAUT pageEvery company above links to its page, which lists its team and the ways to reach them that NAUT holds.

What a founder raising should take from this

  • The fund joins rounds at every size. The set runs from $0.5M to $120.0M, so a seed is in range as much as a Series B.
  • Infrastructure and base layers carry the biggest rounds. $17.1M average across 36 disclosed infrastructure rounds, and $20.7M across 17 in Layer 1, 2 and 3.
  • NAUT records no lead flag on any of these 132 rounds. Plan for this fund as a participant, then check each round page for who led.
  • Your likely co-investors are on the list above. LD Capital, Mirana Ventures and SevenX Ventures each sit in 16 or more of these rounds.
How a founder can use this list
  1. Find your sector groupRead the sector table for the average round in your group, from $20.7M in Layer 1, 2 and 3 down to $4.4M with no tag.
  2. Read 3 comparable roundsOpen the NAUT page of 3 companies near your size in that group and see which other funds joined.
  3. Reach the fund through a shared backer71 firms share 5 or more of these rounds, so 1 of your existing investors may already be in them.
  4. Bring a leadNAUT holds no lead flag on any of these 132 rounds, so arrive with the lead settled.

Who runs OKX Ventures?

NAUT holds no people rows against the fund, so the names here come from outside the database. Jeff Ren runs it: his X bio names him founder of the fund's account, OKX's own YouTube channel introduces him as a partner at the fund, and a fund post in April 2026 gives him the title Board Director and Co-Founder. The fund sits under OKX and describes itself on OKX's learn pages as a $100M investment arm covering blockchain infrastructure, Layer 1 and Layer 2 chains, DeFi, Web3 applications and NFTs.

For a warm route into a portfolio company, the company page is the faster door: each of the 121 pages above lists the team and the other funds in the round, and NAUT records 409 of those firms across this set.

OKX Ventures portfolio FAQ

How many companies are in the OKX Ventures portfolio?

NAUT tracks 121 companies backed by OKX Ventures as of 26 October 2026, across 132 funding rounds announced between March 2021 and October 2025. The fund publishes no portfolio count of its own, so treat this as the part of the portfolio NAUT has verified rather than the fund's full history.

What companies has OKX Ventures invested in?

The largest disclosed rounds in NAUT's set went to LayerZero at $120.0M, 0G at $75.0M across 2 rounds, Eclipse and ZkSync at $50.0M each, and Portal to Bitcoin at $42.5M across 2 rounds. By count the portfolio leans on DeFi (44 companies), infrastructure (31), gaming (22), base layers and rollups (16) and AI (13).

How much does OKX Ventures invest in a round?

Across the 118 rounds in NAUT's set that disclosed a size, announced between March 2021 and October 2025, the average round was $9.6M and the median $5.2M, in a range from $0.5M to $120.0M. Those are the sizes of the whole round, not this fund's own cheque, which these rounds rarely disclose.

Which funds invest alongside OKX Ventures?

NAUT records 409 other firms in these 132 rounds, and 71 of them in 5 or more. The most frequent are LD Capital at 25 shared rounds, then Mirana Ventures at 18, then NGC Ventures and AU21 Capital at 17 each.

Does OKX Ventures lead rounds?

NAUT records OKX Ventures as the lead on none of these 132 rounds. The lead flag is set on a small share of backer rows across the whole database, so its absence here is a gap in the data rather than a statement about the fund.

What sectors does OKX Ventures back?

NAUT holds 22 sector tags across these 121 companies, led by DeFi with 44, infrastructure with 31 and gaming with 22, and 17 companies carry no tag at all. The fund's own description on OKX's learn pages names blockchain infrastructure, Layer 1 and Layer 2 chains, DeFi, Web3 applications and NFTs.

Sources