jakiro
Author: Climber, Bitchain Vision Realm
The re -prosperity of the Bitcoin ecosystem has made us see the fruit of the organization’s layout. 2023 is already a program, and 2024 is the new battlefield.
The most obvious example is that OKX built infrastructure for the inscription in the first half of this year, and finally ushered in the end of the end of the year.Birds that get up early have worms. When the new year is coming, we may wish to take a look at the head players in the encrypted industry to prepare where they will do it in advance next year.
Some institutions have not clearly listed the overall plan of the New Year, but from the past clues, we can still find their actions for next year.
1. CEX: Under supervision, actively explore
In order to maintain market competitiveness, the mainstream CEX is actively improving products and services. At the same time, it continues to expand the pace of global business and build a brand ecosystem. However, these CEXs need to think about regulatory compliance issues.
1. OKX
In May of this year, OKX founder Star said that OKX and partner Bitcoin inscription wallet UNISAT Wallet jointly committed to build infrastructure for BRC-20 and ORC-20, including wallets, markets, liquidity exchange and browsers.The Bitcoin ecosystem made a comprehensive layout in advance.
In the second half of the year, the Bitcoin ecosystem ushered in a comprehensive outbreak, especially the inscription track ignited the enthusiasm of the major public chain projects. The keywords such as the degree of discussion, funds, and traffic were full.OKX also made a lot of money in this inscription feast, which shows that the rebuilding of bear markets is a golden sentence.
On the occasion of 2024, OKX still did not stop the platform forward.
In order to meet the diversified needs of encrypted users in the world, OKX has currently launched 14 advanced strategies including contract Martiger.
In November, OKX launched off -site derivatives transactions, but there will be no risk of transactions related to the platform holding assets.In addition, OKX and Polygon jointly launched the ZKEVM Layer2 network X1, and officially launched the test network, which is an OKBC upgrade.
X1 is based on Polygon CDK’s high -performance, high -security Ethereum Layer2 network, and via ZK zero -knowledge proof technology to help users achieve lower transaction costs. OKB will be used as its native currency.
It is reported that X1 will become a bridge between OKX’s global over 50 million users worldwide and Polygon and Ethereum ecology, allowing developers to seamlessly deploy DAPP based on EVM, and connect more smart contracts, wallets and tools.
In addition, OKX’s first new structural product seagulls were officially launched on November 8th and opened for purchase.In addition to seagulls, OKX has also launched a variety of structured products such as shark fins and dual currency win.
In order to better carry out global business, Okcoin CEO official macro announced that it decided to change OKCoin to OKX globally in the next few months.
Fang Hong said: “We have recently canceled the” OKCoin “brand and product in several regions (Latin America, the Middle East and North Africa, South Asia, Hong Kong, etc.-we will rename” OKCoin “in turn in the next few months in orderFor “OKX”, starting from Singapore, then the European Union, and finally in our headquarters in the United States. “
From this, we can’t see the future efforts of OKX, and the encrypted projects in these areas are naturally worthy of attention.
Among them, Hong Kong’s development of web3 is a clear trend, and OKX will naturally not let go of this opportunity.OKX Global Chief Commercial Officer Li Zhikai said that OKX HK’s preparation for the application for compliance licenses in Hong Kong has entered the final stage. I hope to get a license in June next year.Essence
In August, OKX Hong Kong announced that it will launch the Bitcoin reward plan for local users.
In terms of international business, OKX chief marketing officer Haider Rafique said the company is planning to enter the Indian market and recruit local employees to explore potential Web3 use cases.
OKX has no global headquarters, but has regional centers in Hong Kong, Singapore, Dubai, and Bahamas.Rafique said the company plans to expand its wallet service by using India’s attractive developer communities.At present, OKX has about 200,000 wallet users in India, accounting for only 5%of the country’s web3 users.
In June, the OKX Middle East Branch has obtained the MVP reserve license issued by the Dubai Virtual Assets Supervision Bureau (VARA). OKX has settled in the new office of the Dubai World Trade Center in the Middle East, and stated that it plans to increase the number of employees to 30.Employees and senior managers.
OKX said that once the minimum feasible product (MVP) license is fully put into operation, the OKX Middle East will provide spot, derivatives and fiat currency services, including the US dollar and the UAE Dram deposit, withdrawal and spot -to -spot transactions.
2. Binance
The Binance annual report summarized the platform throughout the year, which mentioned that Binance ushered in more than 40 million new users in 2023, an increase of almost 30%.At the end of 2023, Binance reached a milestone of 170 million registered users, providing 431 trading assets, spanning 1785 transactions.
In addition, Binance has witnessed huge growth in encrypted payment, point -to -point transactions and earning services.The number of people using Binance Pay or Card has increased by 54%, and more than 3,500 new Pay merchants and partners are added worldwide to accept cryptocurrency exchange products and services.
In addition, Binance continues to invest in its compliance technology, processes and talents. The expenditure in 2023 reached US $ 213 million, an increase of 35%over last year.As of the end of this year, Binance held licenses, registration and authorization in 18 judicial jurisdictions around the world, more than ever.
Especially after Binance reached a settlement with the US regulatory agency this year, the platform pays more attention to business compliance.However, in view of the progress of competitors’ products and services, Binance is also working hard to compete.
On December 28th, according to Binance employees, the next new version of the Binance APP will add new account switching functions, “Allow to add multiple accounts to the Binance APP, easily switch between these accounts, switch the entrance to the upper right corner of the account center of the account center””.
And Binance co -founder He Yi also said in December that Binance plans to support Web3 entrepreneurs by incubating more projects.At the same time, she also said that the platform has a special team in terms of product development, such as the problem of web3 wallets that everyone often mentioned.In terms of project interaction and inscription market, Binance has not yet optimized the user experience and scene.In the future, it will be replaced to make up for the lack of CEX in the wallet field.
Binance’s new CEO Richard Geng said that the platform has 166 million users and will continue to grow in the future.He looks forward to further promoting this number and supports the next billion.
In addition, they will continue to improve the platform’s compliance plan as a dominant organization that meets all global compliance standards to create a sustainable future.
In terms of payment business, on November 30, Binance announced the successful implementation of the world’s first pilot project arranged by the three parties in cryptocurrency banks.This solution allows institutional investors to keep trading mortgage under the hosting of third -party bank partners, not within the trading platform.
I believe that in the next year, this project will be popularized to more fields.
3. Bitget
At the end of this year, Bitget’s platform currency BGB broke through a record high, reaching a maximum of $ 0.7.From the perspective of the exchanges this year, I believe the platform has a larger goal.
The platform starts with a single transaction, so it attaches great importance to the user’s transaction experience.
Products and services:
In November, Bitget announced the launch of the Tiandi grid trading strategy.At present, Bitget has supported the spot world grid, contract heaven and earth grids, and at the same time provides equal/equal different modes and positive/reverse trading models to meet the needs of various transaction scenarios.Tiandi grid trading strategy uses the quotation of up and down fluctuations to effectively obtain returns, suitable for medium and long -term investment.In addition, it also provides users with a comprehensive set of parameter descriptions to maximize its transaction strategy.
In the previous month, the platform launched an innovative intelligent investment product “contract quantitative robot”, which aims to provide users with convenient and efficient investment strategies.Earlier, Bitget has launched a variety of intelligent products, such as: artificial intelligence Martin Gel strategies, grid robots, smart investment robots, CTA-AI strategies, etc.
In addition, Bitget also launched the Signal Bot trading function. The signal strategy is a multi -functional trading tool that can be traded immediately according to the signal.In addition, Bitget launched the structured product “Snowball” for the principal guarantee.
Business expansion:
In October, Bitget launched the existing cash withdrawal plan for the city merchant incentive plan. The plan provides partners with MAKER’s handling fees cashback, the expansion of the number of sub -accounts, an API frequency increase, one -to -one technical support, subsidy, and monthly rewards.
In September, Bitget announced the launch of the VIP experience plan in the official Space, which aims to comprehensively improve the user experience.The original VIP users, other platform VIP users, and invited friends, etc., can enjoy multiple benefits such as the 31 -day VIP experience period, interest rate hikes, experience gold, cold wallets, and Jingdong gift cards.
In addition, BITGET launched the Shanghai recommended official plan to encourage community users and high -quality projects to empower.
In terms of globalization layout:
Bitget participated in Dubai’s “Future Blockchain Summit” and announced at the summit to launch the Bitget Card plan.It is a high quota, a VISA credit card with a US dollar, which will support the use of 180 countries and regions to provide users with a comprehensive cryptocurrency payment solution.
And in September, Gracy Chen, managing director of Bitget, announced at the Singapore Web3 Summit “Bitget EmpowerX” announced the launch of $ 100 million EMPOWERX Fund to establish a complete ecosystem.
In August, the Bitget “Blockchain4youth” project launched the Builders project, which will recruit 100 young talents worldwide.
Bitget Builders plans to be officially launched in the third quarter of this year, recruiting 100 young talents worldwide.Focus on Kenya, Egypt, Morocco, Argentina, Mexico, Venezuela, Colombia, Peru, Bulgaria, Czech Republic, Romania, Kazakhstan and other countries, Bangladesh, Sri Lanka, Saudi Arabia and other countries and regions.
In addition, in July, Bitget plans to expand the Middle East as the next business, and will focus on exploring Bahrain and United Arab Emirates.
The Bitget Department of Compliance has begun to explore relevant applications for local compliance to provide local services to local regulations.The expansion will be planned to set up a local headquarters locally, and will recruit 30-60 new team members for Zhongtai and background functional departments.
The latest statistics on the penetration rate of cryptocurrencies show that the Middle East and North Africa are the fastest-growing areas of cryptocurrencies, and from 2021 -2022 account for 9.2%of the total global transactions.From 2020, from 2022, the number of registrations of UNITED ARAB Emirates increased by 400%. In addition, educational projects related to blockchain related to blockchain increased by 300%.
In June, Bitget launched the Turkish trading platform Bitget TR.
4. Coinbase
Coinbase wallet, Layer 2 Base, Coinbase International Station, etc. are all coinbase as the cornerstone of the global encryption ecosystem.
For a long time, Coinbase has adhered to the “deeper and wider” concept, and its main international expansion strategy is accelerating the use of cryptocurrencies globally.Recently, it has been licensed or expanded in key markets such as Canada, Spain and Bermuda, and Irish is determined to be the location of their EU MICA entities.
In December, Coinbase plans to push out the spot trading business at the International Station as part of its global expansion strategy.In addition, Coinbase launched capital transfer services through linking links on WhatsApp, Tiktok and Instagram.
In November, Coinbase developed an open source chain payment agreement to improve its business products.The agreement currently supports Ethereum, Polygon and Base blockchain ecosystems.And the agreement provides instant settlement, low cost and extensive asset support to improve the payment experience of merchants and customers.
In addition, that month, Coinbase Financial Markets (CFM) announced that the American Coinbase Advanced users can now access supervised cryptocurrency futures contracts.These futures contracts are designed for retail traders, with a size of 1/100 bitcoin and 1/10 Ethereum.This provides traders with the ability to hedge risk, diversified investment portfolios, use leverage transactions, and predict market trends.
Coinbase received approval of cryptocurrency futures transactions in the United States for qualified customers in August.
On September 14th, according to The Block, Coinbase launched a zero transaction fee for British customers at Advanced Trade, a month.
On September 12th, according to official news, Coinbase announced that its Big Broker Platform Coinbase Prime has launched a institutional -level Web3 wallet. Organizations and corporate customers can use the MPC technology of the non -hosted wallet to store any token from supporting the network.
2. Enterprise and investment institutions: No fear of bear market, optimistic about the future
Most of this year’s encryption market is still in the bear market. Many investment institutions are cautious, but there are still large enterprises and investment banks that have deployed popular tracks.Especially for potential benefits such as Bitcoin spot ETF next year, through expectations, BTC halving, and US interest rate cuts, making the institution willing to make more.
1,A16Z
In December, A16Z released some views of partners in the encryption field in 2024: the rise of the modular technology stack, the combination of AI and the blockchain, the “Play and EARN” mode, AI as a game maker, NFT NFTBecome an ubiquitous brand asset and SNARKS go to the mainstream.
In early November, A16Z opened the London office, the first office outside the United States.
On October 31st, the A16Z plan raised about $ 3.4 billion in funds for its next core and seed stage.Fund raised will be launched around the end of this year, and it is expected that the final end will be in the first half of 2024.
In September, the alliances established by A16Z Crypto, Bain Capital Crypto, Blockchain Capital, Coinbase, Ledger, and Paradigm advocated to formulate transparent and unified regulations around digital assets in Texas.
On August 10, A16Z Crypto launched two new technologies Lasso and Jolt based on SNARK, which provides a more effective way to design Snarks design that may make developers faster and easier to understand. It may promote Layer 2 in Layer 2The development of ZK-Rollups.
2. DWF Labs
On December 22, Andrei Grachev, co -founder of DWF Labs, said that it seems that each L1/L2 should have its own MEME coins because Meme is the driving factor of chain activities, new wallets, attention and end user participation.
On December 21, Turtsat, an infrastructure platform on Ordinals, announced a strategic partnership with DWF Labs.The two sides will provide comprehensive support for the development of Ordinals infrastructure for the Ordinals open source project and ecological builders.
On the same day, Andrei Grachev, co -founder of DWF LABS, posted that DWF LIquid Markets, an institutional -level off -site trading platform, will be launched in January 2024.DWF liquid Markets is an institutional -level OTC/RFQ (off -site transaction/quotation request) platform, without trading risk/platform risks, and supports real -time settlement.
On December 14th, Andrei Grachev, co -founder of DWF Labs, posted: “DWF Labs is building 2 MMs (as a city merchant) product for large ecosystems and Layer 1/2.The three transactions provide more funding and venture capital.
On December 4th, DWF Labs announced that two verifications nodes were launched on the TON blockchain. DWF Labs claimed that it launched these authenticator nodes.
On November 29, DWF Labs stated that it will launch the first WEB3 incubation plan with DWF Ventures in 2024, inviting early founders and startups, including SocialFi, ZK, transactions and derivatives.EVM and BTC ecosystem infrastructure.
On October 8th, DWF Labs co -founder Andrei Grachev announced on the X platform that DWF Labs has cooperated with Dubai Commodity Center (DMCC) to become a financial partner of its ecosystem.
3,Animoca Brands
In December, OKX Ventures announced that it has invested in MOCAVERSE, a Web3 ecosystem project developed by Animoca Brands, and has a new MOCAVERSE project on the new ZKEVM Layer 2 network “X1” launched by OKX.
In November, Animoca Brands moved frequently.First, an announcement stated that it has made strategic investment in the TON ecosystem and becomes the biggest authentication of the TON blockchain. It will provide funds, research and analysis platforms for third -party TON ecosystem mini applications.
TON -based game infrastructure Ton Play provides infrastructure and solutions required to launch new game projects on TON, and enables more than 400 web3 projects of Animoca Brands to be transplanted directly into Telegram.
Then the platform said, “It is planned to purchase additional EDU tokens from the open market. We believe that the work of EDU and OpenCampus and partners has great potential, which can inspire the creation of educational content and promote the application of blockchain technology in educators.”
At the same time, Animoca Brands, AWS and Polygon Labs announced the launch of Moonrealm Express Accelerator.The Moonrealm Express Accelerator plans to empower the development of global developers in emerging fields such as decentralized identity authentication, SocialFi, and Gamefi.
In addition, the sports and entertainment public chain Chiliz announced that Animoca Brands has joined the Chiliz chain as a new verification node to jointly promote Chiliz’s SportFi (sports finance) program.
In October, according to official news, according to official news, Animoca Brands and Saudi NEOM (Saudi Crown Prince Salman’s “NEOM” New City Construction Project Science and Technology Subsidon NEOM Tech & Amp; Digital) established a strategic partnership.
Neom also plans to invest 50 million US dollars in Animoca Brands.Among them, $ 25 million will be carried out by issuing convertible bills, and the remaining $ 25 million will be used to purchase company stocks in the secondary market.
In June, Animoca Brands announced that it has established a partnership with Mitsui & Amp; CO.Customer network.
4,Hashkey Group
On December 20, Hashkey Capital’s Singapore subsidiary has obtained the Singapore Financial Administration (MAS) permission to allow it to provide fund management services in the country.
On December 18, Hashquark announced that to celebrate the fifth anniversary of the establishment, the brand has been upgraded to Hashkey Cloud.As a core member of Hashkey Group, Hashkey Cloud aims to provide more upgraded and innovative infrastructure services for global blockchain users.
On December 12, Hashkey Exchange announced that it will formally reject strategic cooperation with Xinhuo Technology Holdings Co., Ltd. and sign the MOU agreement.
On December 5th, Hashkey Exchange announced that it will officially launch a market business project from December 28, 2023 to reward and motivate users to provide liquidity for the platform.
The plan is open to enterprise or individual PI users. Applicants need to submit detailed information to Hashkey and pass the audit.HashKey provides different levels of negatively hanging single -rate incentives for marketors. According to the monthly average weighted depth ranking and monthly MAKER transaction volume, it is determined.
On November 20, the public account of Huaxia Fund (Hong Kong) stated that it has signed a memorandum of cooperation with Hashkey Exchange and Hamsa, which will bring high -quality innovative products to the Hong Kong market.
On November 16th, Hashkey Exchange was approved by the CSRC at the beginning of the month.
Hashkey Group chief operating officer Weng Xiaomi said that the key asset exploration of key assets next year will explore related assets like RWA (real world assets), hoping that the total transaction volume of the platform will reach US $ 3 billion.
On November 15th, Hashkey Exchange announced the token listing fee policy: It is expected to be between 50 and 300,000 US dollars.
On November 11th, according to the official updated documents, Hashkey Exchange’s personal professional investors refer to high net worth those with a minimum valuation of the investment portfolio.Securities report and trust certificate issued by the custodian.In addition to the personal professional investors can access the fiat currency transactions of mainstream cryptocurrencies such as BTC and ETH, it can also conduct stablecoin transactions and access all cryptocurrencies pairs.
On November 1st, Hashkey Exchange launched a mobile app for retail investors.
5.Paradigm
This year, Paradigm led the encrypted data platform Shadow to help them complete $ 9 million seeds.And led the data privacy solution PRIVY to help it complete $ 18 million in Series A financing.In addition, the Layer 2 network BLAST based on Optimistic Rollup completed $ 20 million in financing, and Paradigm participated in the investment.
On October 28, Paradigm reached a cooperation with SignalPlus.
On September 14th, Paradigm partner Matt Huang said that Paradigm will raise a $ 1 billion fund at the end of the year or early next year.
On September 12, the alliances established by A16Z Crypto, Bain Capital Crypto, Blockchain Capital, Coinbase, Ledger, and Paradigm advocated to formulate transparent and unified regulations around digital assets in Texas.
At the same time, Paradigm launched a policy laboratory they called the “first creation”, which will become the “gathering place” of academic, policy experts, lawyers and technical experts.
Summarize
The 2024 encryption industry has multiple favorable expectations. Generally speaking, the environment is significantly better than the past two years.In particular, the United States regulatory agencies have gradually communicated with encrypted enterprises more frequently, which also allows both parties to understand more.
Therefore, the head players of the encryption industry have made corresponding preparations for the new year early.The above is just the tip of the iceberg. I believe that there will be a new dark horse killing in 2024.But under unknown, we may wish to pay more attention to those known events to help investors make better decisions.
