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Bitget launches $100M Web3 fund for crypto projects in Asia

Published 04/10/2023, 02:35 AM
Updated 04/10/2023, 04:40 AM
© Reuters.

Crypto derivatives exchange Bitget launched a new fund focused on supporting the next generation of Web3 projects. According to a statement seen by Cointelegraph, $100 million will be invested in the fund as an initial investment.

Bitget says it will target funding Web3-friendly venture firms and projects worldwide. It will focus on Asian projects from experienced teams with clear roadmaps that are working on real-world problems.

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