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Metaplanet Buys Up Another $13.2 Million in Bitcoin Amid Crypto Market Rebound

The Japanese firm now holds roughly $250 million in Bitcoin as it ramps up its accumulation strategy and buys the dip. Decrypt

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Okto’s ZK Rollup Testnet is Live—Abstracting Web3 Like Never Before

The post Okto’s ZK Rollup Testnet is Live—Abstracting Web3 Like Never Before appeared first on Coinpedia Fintech News Web3’s biggest problem? Complexity. Chain fragmentation, wallet nightmares, liquidity silos—these are roadblocks standing between users and seamless blockchain experiences. But Okto is here to change that. Meet the Okto Testnet—a high-performance pessimistic proof-based Layer 2 rollup, engineered for chain abstraction, now live with Zeeve’s fully managed RaaS infrastructure. Built on Polygon CDK, this testnet is a full-stack solution rewiring how chains interact, how liquidity moves, and how users experience Web3. “ The launch of Okto Testnet marks a pivotal leap toward realizing our vision of a truly abstracted Web3, where users interact seamlessly without wrestling with chain complexity or fragmented liquidity. This milestone, powered by Polygon CDK and Zeeve’s robust RaaS infrastructure, validates our technical architecture’s capacity to unify decentralized experiences at scale. Zeeve has been instrumental in this journey—their fully managed infrastructure has helped Okto to securely support 12M+ wallets, 50+ protocols, and over $1B in monthly recurring revenue. As we move toward mainnet, this partnership ensures Okto’s rollup remains the unstoppable backbone for frictionless blockchain adoption. ”, said Neeraj Khandelwal, Co-founder of Okto and CoinDCX. Why Polygon CDK at the Centre of Okto’s Chain Abstraction Vision? When Okto set out to build a truly seamless blockchain experience, it needed a foundation that could scale without sacrificing security, cost-efficiency, or customization. Polygon CDK gave them just that. Ethereum -grade security is non-negotiable. But users shouldn’t have to choose between safety and usability. With Polygon CDK’s pessimistic proofs, Okto benefits from Ethereum’s battle-tested security model while delivering near-instant, low-cost transactions. More than just speed, Polygon CDK gives Okto full control over its rollup architecture, allowing it to design an abstraction layer tailored specifically for a wallet-first, liquidity-optimized Web3. A big reason Okto chose Polygon CDK was flexibility. No predefined upgrade paths, no constraints on governance, or dependencies on centralized sequencers . Okto wanted freedom. Polygon CDK allowed it to customize key elements, ensuring its infrastructure scales on its own terms while still connecting seamlessly to Web3’s growing ecosystem. Okto’s ZK Rollup is the Backbone of a Frictionless, Abstracted Web3 Blockchain complexity isn’t just a minor inconvenience—it’s the biggest reason why mainstream adoption is still a dream. Okto is solving that by abstracting everything that makes web3 confusing and giving users a simple, intuitive experience. Users don’t need multiple wallets for different chains. Okto’s Decentralized Wallet Network (DWN) lets them log in, transact, and interact across Web3 without ever worrying about addresses, keys, or gas tokens. Liquidity isn’t locked into separate ecosystems—Okto’s Unified Liquidity Layer (ULL) finds the best available route for any transaction, across chains, with no manual swaps required. And when users execute transactions, they don’t fail. The Decentralized Transaction Network (DTN) ensures every action is confirmed, optimized, and completed without them needing to adjust gas fees or retry failed swaps. Okto already powers 12M+ wallets, 50+ protocols, and over $1B in monthly recurring revenue. This public testnet opens up the next step: a Web3 experience where users don’t even know they’re using a blockchain. Zeeve: The Infrastructure That Keeps Okto Unstoppable A rollup built for abstraction needs infrastructure built for resilience. A rock-solid infrastructure that ensures zero downtime, smooth execution, and deep visibility at every level. That’s where Zeeve comes in. From the ground up, Zeeve has been the silent force behind Okto’s rollup, handling everything from customized monitoring to high-availability scaling—so Okto’s developers can focus on building, and users can experience Web3 without roadblocks. Live monitoring, tailored for Okto – Custom-built monitoring tools track performance, transaction flow, and execution bottlenecks in real time. Built for 24/7 uptime – A high-availability setup, automatic failover mechanisms ensure Okto’s rollup never slows down or drops transactions. Smoothest testnet-to-mainnet scaling – Smooth transitions from testnet to full deployment, with zero friction. TraceHawk Explorer integration – Deep visibility into transactions and network activity for developers. “Web3 needs to move beyond complexity. Okto is building the abstraction layer that Web3 has been missing, and at Zeeve, we’re making sure it runs without a hitch. No downtime, no limits—just a network that works.” — Dr. Ravi Chamria , Co-founder & CEO, Zeeve The Okto testnet is live, but this is just the start. Okto Points S2 launches in March, leading up to the $OKTO token generation event (TGE) in April 2025. The infrastructure is here, the community is growing, and the next chapter of blockchain usability is being built in real-time. Okto is LIVE. Start building Web3 without friction! Decrypt