Wax is targeting play-to-earn games for its blockchain.
Wax is targeting play-to-earn games for its blockchain.
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OKX invests more than $10M in WAX’s blockchain network

OKX Blockdream Ventures, the investment arm of cryptocurrency exchange OKX, has invested more than $10 million in WAX Studios, the team behind the WAX carbon-neutral blockchain network.

WAX (Worldwide Asset Exchange) supports over 23 million daily transactions across non-fungible token (NFT) trading, play-to-earn (P2E) gaming, and more.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.