Bitget launches a $100 million Web3 fund, focusing on crypto projects and VCs in Asia
ChainCatcher news, the cryptocurrency exchange Bitget has launched the Bitget Web3 Fund with an initial investment of $100 million. This fund will invest in outstanding Web3 projects and support investment institutions related to these projects, aiming to foster the development of the next generation of cryptocurrency projects.
The Bitget Web3 Fund will seek venture capital institutions and projects globally, but will prioritize those with a clear roadmap and experienced Asian partners, as well as projects that can provide innovative solutions to real-world problems.
Currently, Bitget has received expressions of interest from venture capital firms such as Foresight Ventures, Dragonfly Capital, SevenX Ventures, DAO Maker, and ABCDE Capital. (source link)