OKX Ventures Announces Investment in Animoca Brands' Mocaverse to Co-Build Growth in the X Layer zkEVM Layer 2 Network

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The blockchain and Web3 landscape continues to evolve at a rapid pace, driven by strategic collaborations that bridge ecosystems, empower developers, and expand user access. A major development in this space is the recent announcement by OKX Ventures, the investment arm of leading cryptocurrency exchange and Web3 technology company OKX, of its investment in Mocaverse—a forward-thinking Web3 ecosystem project developed by Animoca Brands.

This strategic move is set to accelerate innovation on X Layer, OKX’s newly launched zkEVM-based Layer 2 network, and marks a significant step toward building a more interconnected, scalable, and user-centric decentralized internet.

Strengthening the Web3 Ecosystem Through Strategic Collaboration

OKX Ventures' investment in Mocaverse underscores a shared vision between two industry leaders: to scale the global blockchain ecosystem and foster seamless interoperability across platforms. By integrating Mocaverse projects into X Layer, OKX aims to provide developers and users with enhanced infrastructure, lower transaction costs, and faster processing speeds—all powered by zero-knowledge proof technology.

Mocaverse, as a digital identity and social layer within Animoca Brands’ expansive portfolio, brings together over 400 projects and taps into a network of more than 700 million addressable users. This partnership will allow these projects to deploy decentralized applications (dApps) directly on X Layer while leveraging OKX’s global user base of over 50 million.

👉 Discover how next-gen blockchain networks are reshaping digital ownership and identity.

What Is Mocaverse?

Mocaverse serves as an interoperable meta-experience layer for Web3, focusing on identity, social engagement, and community growth. At its core, it enables users to create a unique Moca ID—a digital identity that accumulates reputation and unlocks access across various platforms within the Animoca Brands ecosystem.

Users can earn Realm Points through participation, such as attending virtual events, contributing to communities, or engaging with partner dApps. These points function as both a reward mechanism and a governance tool, giving holders influence over future developments in the Mocaverse.

With backing from one of the most active investors in blockchain gaming and metaverse projects, Mocaverse is positioned to become a central hub for digital identity and cross-platform experiences in Web3.

Introducing X Layer: OKX’s zkEVM-Powered Layer 2 Network

Launched in November as a testnet, X Layer is built using the Polygon Chain Development Kit (CDK), enabling high-performance, low-cost transactions through zero-knowledge Ethereum Virtual Machine (zkEVM) technology. As a Layer 2 scaling solution, X Layer enhances Ethereum’s capabilities by offering faster finality and reduced gas fees—critical factors for mass adoption.

One of the defining features of X Layer is its use of OKB, OKX’s native utility token, as the primary gas fee currency. This integration strengthens the utility of OKB while aligning economic incentives across the OKX ecosystem.

By supporting projects like Mocaverse on X Layer, OKX is not only expanding its developer ecosystem but also promoting cross-chain liquidity and interoperability—key pillars for the next phase of Web3 evolution.

Empowering Developers and Users Alike

The synergy between Mocaverse and X Layer creates new opportunities for developers building in blockchain gaming, NFTs, social tokens, and decentralized identity. With access to robust infrastructure and a vast user network, creators can focus on innovation rather than scalability challenges.

For end users, the integration means smoother onboarding experiences, unified identities across platforms, and greater control over their digital assets. As Web3 transitions from niche communities to mainstream adoption, ease of use and cross-platform functionality will be decisive factors in user retention.

👉 See how developers are using cutting-edge Layer 2 solutions to build the future of digital interaction.

Executive Insights: A Shared Vision for Web3 Growth

Jeff Ren, Partner at OKX Ventures, emphasized the strategic importance of the partnership:

"We're excited to invest in Mocaverse, a project that represents Animoca Brand's vibrant ecosystem. Mocaverse, together with OKX's X Layer, forms a powerful combination that will offer innovative solutions in the Web3 space. This strategic investment demonstrates our dedication to promoting the growth and development of the blockchain industry and developer space."

Yat Siu, Co-Founder and Executive Chairman of Animoca Brands, echoed this sentiment:

"We're thrilled to have the leading platform OKX as an investor as we build the Mocaverse ecosystem. This partnership will foster a strong foundation that bridges the OKX and Animoca Brands ecosystems through Mocaverse to empower the next generation of Web3 builders and projects."

These statements reflect a unified commitment to fostering open ecosystems where innovation thrives through collaboration—not competition.

Frequently Asked Questions (FAQ)

Q: What is X Layer?
A: X Layer is a zkEVM-based Layer 2 network developed by OKX using the Polygon CDK. It enhances Ethereum’s scalability by offering faster transactions and lower fees while using OKB as its native gas token.

Q: What is Mocaverse?
A: Mocaverse is a Web3 ecosystem project by Animoca Brands that functions as a digital identity and social layer. It allows users to create a Moca ID, earn Realm Points, and engage across 400+ connected projects.

Q: How does OKX Ventures fit into this partnership?
A: OKX Ventures made a strategic investment in Mocaverse to support its development on X Layer, enabling deeper integration between Animoca Brands’ ecosystem and OKX’s infrastructure and user base.

Q: Can anyone build on X Layer?
A: Yes, X Layer is open to developers worldwide. The network supports EVM-compatible smart contracts, making it accessible for teams already building on Ethereum or other EVM chains.

Q: Is Mocaverse available now?
A: Yes, Mocaverse is live and actively growing. Users can register their Moca ID and begin participating in ecosystem activities.

Q: Why is this partnership important for Web3?
A: It combines strong infrastructure (X Layer) with a large-scale user and project network (Mocaverse), accelerating adoption through improved scalability, identity management, and cross-platform interoperability.

👉 Explore how you can get started with Web3 development on scalable Layer 2 networks today.

Core Keywords

This collaboration exemplifies how strategic investments and technical integrations are shaping the future of Web3—not through isolated silos, but through connected ecosystems that prioritize accessibility, security, and innovation. As X Layer matures and Mocaverse expands its reach, users and developers alike stand to benefit from a more unified and functional decentralized web.