OKX Ventures Invests $10 Million in Aptos Ecosystem Growth

IconCryptoNewsTerminal Staff01 Aug, 2024

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OKX Ventures Invests $10 Million in Aptos Ecosystem Growth

OKX Ventures, the venture capital arm of OKX, one of the world's leading cryptocurrency exchanges, has announced the establishment of a $10 million fund in collaboration with the Aptos Foundation. This fund will primarily support the growth of the Aptos ecosystem, a high-performance Layer 1 blockchain. Through this fund, OKX Ventures and Aptos Foundation aim to foster the development of innovative projects and applications on the Aptos network. The fund will be utilized to operate the Aptos Accelerator Program, which will provide mentorship, funding, and resources to promising startups building on Aptos. The Aptos Accelerator Program is designed to nurture the growth of the Aptos ecosystem and empower developers to explore the full potential of the network. By providing financial support and expertise, OKX Ventures and the Aptos Foundation aim to accelerate the adoption and development of blockchain technology.

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