Major boost for Web3! OKX Ventures & Aptos Foundation are launching a $10M fund to supercharge the Aptos ecosystem !
We are thrilled to announce the launch of a new USD $10 million fund to accelerate the growth of the Aptos ecosystem and promote Web3 adoption. This initiative is a collaboration between OKX Ventures and Aptos Foundation, with support from Ankaa.
Key Points:
- Fund Amount: USD $10 million
- Purpose: To develop an accelerator program for Aptos projects
- Focus Areas: Infrastructure, DeFi protocols, real-world assets, GameFi, AI, and more
- Support Provided: Venture support, mentorship, go-to-market exposure, and expert network access
- Selection Process: A panel from Aptos Foundation, OKX Ventures, and Ankaa will select five promising projects for the first cohort in September
- Initial Investor: Ankaa will invest in accepted projects and manage daily operations
- Application Opening: August
OKX Ventures has a history of investing in over 300 projects globally with a fund size of approximately USD $1 billion. This partnership with the Aptos Foundation aims to further blockchain innovation and support high-quality projects.
Read more about it in the official posts and media below 