Bitget, one of the crypto money exchanges, announced that it has launched a $ 100 million fund to support the next generation Web3 projects.
With the revival of Web3 technology, moves continue to come from many companies. Bitget, one of the well-known names of crypto exchanges, stated that its new fund is for Web3 projects and stated that it is attempting a $ 100 million fund. Indicating the first amount at the beginning of the fund in this way, the crypto exchange emphasized that the fund could be expanded in the future. Stating that he will focus especially on Asian projects for his activities in Web3 technology, Bitget seems to have contributed to the vitality on the Web3 side.
Explanations About the Fund Move from Bitget Officials
Many studies continue on behalf of Web3 technology, which is active not only in the crypto sector but also in other areas. The launch of such a fund by Bitget was an example of how the technology continues to be active. While various comments came from Bitget officials with the fund move, the statements of Bitget General Manager Gracy Chen drew attention.
Chen expressed his views on the subject as follows;
“We can see that the Web3 space is rapidly evolving, and many projects deserve support to further this kind of development and make Web3 a truly global phenomenon like Web2 once was.” said.
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