Singapore-based venture capital firm Foresight Ventures has announced plans to invest up to $25 million to support new blockchain startups on BNB Chain until 2025.
Support for Startups on BNB Chain
As a member of the BNB Incubation Alliance, Foresight Ventures will invest in high-potential projects at early stages. This collaboration strengthens the firm’s belief in the transformative power of blockchain technology.
Role of BNB Incubation Alliance
The BNB Incubation Alliance, initiated by BNB Chain and YZi Labs, provides startups with support by offering access to the Most Valuable Builder (MVB) program and other funding opportunities.
Future Prospects and Plans
BIA plans to host global events to connect early-stage projects with investors and blockchain experts, fostering collaboration and knowledge sharing. Integration of artificial intelligence for enhanced transaction speed and security is also planned.
The collaboration between Foresight Ventures and the BNB Incubation Alliance promises to be a significant step in blockchain ecosystem development, supporting innovation and accelerating technology adoption.
