OKX Ventures Backs SUI Blockchain to Propel Move Language Adoption in Crypto Ecosystem
OKX Ventures has announced a strategic investment in SUI, a LAYER 1 blockchain that utilizes the Move programming language, marking a significant step toward reshaping blockchain architecture and fostering ecosystem expansion. This development highlights a growing industry trend away from Ethereum's Solidity in favor of Move, which is praised for its superior security and resource efficiency. Originally created by Meta for the Diem project, Move is increasingly recognized as a foundational technology for next-generation blockchain platforms. The investment underscores OKX's commitment to supporting innovative technologies that drive the future of decentralized finance. As of July 2025, this partnership is poised to accelerate the adoption of Move and strengthen SUI's position in the competitive blockchain landscape.
OKX Ventures Invests in SUI to Drive Move Language Adoption in Blockchain
OKX Ventures has made a strategic investment in SUI, a Layer1 blockchain leveraging the MOVE programming language, to reshape blockchain architecture and accelerate ecosystem growth. This move signals a broader industry shift away from Ethereum's Solidity toward Move, which offers enhanced security and resource efficiency.
Originally developed by Meta for its Diem project, Move is gaining traction as a foundational language for next-generation blockchains. SUI, developed by Mysten Labs, advances the Move model with object-oriented data structures and parallel execution—capabilities that promise to redefine development paradigms for large-scale Web3 applications.
Unlike Solana's focus on high-frequency trading, SUI provides a horizontal stack with integrated privacy and storage solutions. This positions it as a distinct alternative to competitors like Aptos and Sei, which prioritize single-dimensional scaling and liquidity concentration, respectively.
OKX and PayPal Partner to Streamline Crypto Purchases in Europe
PayPal has forged a strategic alliance with cryptocurrency exchange OKX, enabling seamless digital asset transactions across the European Economic Area. The integration, announced July 14th, marks a significant advancement in regulated crypto accessibility for European users.
EEA-based customers can now fund OKX accounts directly through PayPal's payment ecosystem, including balances, linked bank accounts, and card networks. The collaboration strengthens OKX's compliance framework under MiCA regulations while expanding PayPal's foothold in digital asset infrastructure.
The partnership eliminates onboarding friction for retail investors, offering zero-fee crypto purchases during an introductory period. Market analysts view this as a watershed moment for institutional-grade crypto adoption, particularly for Bitcoin and ethereum ecosystems.
