TechFlow news: OKX Ventures has announced a strategic investment in Monad. Monad is a Layer 1 blockchain that optimizes the EVM architecture through "parallel EVM" + "parallel access to state database" + "high-performance HotStuff consensus," achieving over 10,000 tps throughput, 1-second block time, and single-slot finality, while maintaining backward compatibility with EVM smart contracts and Ethereum infrastructure such as MetaMask or Etherscan.
Dora Yue, founder of OKX Ventures, said: "Monad's innovation and technical strength will provide a solid foundation for advancing Web3 innovation. We look forward to contributing positively to the future development of decentralized computing through collaboration with Monad. The investment from OKX Ventures will provide Monad with the necessary resources and support to accelerate platform development and expand its influence within the blockchain community, delivering more efficient and scalable decentralized applications to developers and users worldwide."
