OKX Ventures Investment Accountable Institutional Real-time Verification Platform

According to official news, on October 29th, OKX Ventures announced the completion of strategic financing for Accountable. The scale of Real World Assets has grown from less than 200 million US dollars in 2020 to 34 billion US dollars, of which credit and loan assets account for 50%, about 17 billion US dollars. As the market expands, the demand for real-time solvency verification by institutions continues to grow. Accountable, as an innovative millisecond financial verification platform, mainly serves traditional financial and crypto-native institutions. Its core products include Data Verification Network (DVN), Vault as a Service (VaaS) and YieldApp market, providing real-time solvency proof services under the premise of privacy protection for institutions such as Galaxy, Amber Group, K3 Capital, etc.
It is understood that less than two years after its establishment, Accountable has completed on-chain verification of over $1 billion of assets. The platform uses zero-knowledge proof technology to enable institutions to prove financial health to counterparties without exposing sensitive information such as API keys, wallet addresses or trading strategies. This technology solution is designed to fill the gap in the demand for "real-time proof of solvency" in post-event markets such as Celsius and FTX.