On August 20th, Gate Ventures, the venture capital arm of the Gate.io, and the Abu Dhabi Blockchain Center of the Global Web3 Technology Center announced the launch of Falcon Gate Ventures, a $100 million fund dedicated to driving innovation in the Web3 space in the next few years. The partnership aims to support Web3 developers who are focused on leading change in the digital age, while demonstrating the global vision and layout of Gate Ventures. Gat...
OKX Ventures, the investment arm of OKX, and the Aptos Foundation today announced the launch of a new $10 million fund to support the Aptos ecosystem and the widespread adoption of Web3. The fund will be used to develop an accelerator program operated in partnership with Ankaa to support the growth of high-quality Aptos-based projects and applications. The accelerator will provide venture capital support, focused mentorship, market exposure, and an extensive network of experts from the OKX team,...
According to Snapshot information, Animoca Ventures, the venture capital arm of Animoca Brands, initiated a proposal on ApeCoin DAO to co-establish a joint venture fund with ApeCoin, ApeCoin Ventures, to invest in seed round and A round of Web3 projects, and give priority to those projects that can integrate ApeCoin into their ecosystem, thereby enhancing the value, practicality, synergy effect, network effects and impact of ApeCoin. The size of the ApeCoin Ventures fund is $10 million, of which...
Paolo Ardoino, chief executive of Tether Holdings Ltd., has revealed that its investment arm expects to put more than $1 billion into deals over the next 12 months. Ardoino said in an interview that Tether Investments has a growing team that now has 15 employees who evaluate up to hundreds of projects each month, most of which come directly from startups. He said the firm focuses on alternative financial infrastructure, artificial...