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MEXC Ventures, Foresight Ventures, and Mirana Ventures Create a Fund to Support Projects on the Aptos Platform

Sep 20, 2024
  1. Supporting Key Web3 Projects
  2. Expanding Bitcoin's Role in Aptos
  3. Ripple Partnership with Aptos Labs and Hedera

MEXC Ventures, Foresight Ventures, and Mirana Ventures have partnered to establish a fund aimed at supporting promising projects built on the Aptos platform.

Supporting Key Web3 Projects

The fund aims to accelerate the development of decentralized applications (dApps) and protocols that leverage Aptos' unique infrastructure. Foresight Ventures Co-Founder and CEO, Forest Bai, noted that Aptos developers are tackling critical challenges faced by the broader blockchain community.

Expanding Bitcoin's Role in Aptos

Apart from venture capital funding, Aptos has recently caught the attention for its integration with Stacks, Bitcoin's layer-2 solution. This integration will allow Bitcoin to be used across dApps built on the Aptos network. The introduction of sBTC to the Aptos ecosystem is expected to create new use cases for Bitcoin in areas such as gaming, artificial intelligence, social platforms, DeFi, and NFT marketplaces.

Ripple Partnership with Aptos Labs and Hedera

Adding further momentum to Aptos’ rapid ecosystem growth, Ripple recently partnered with Aptos Labs and Hedera to launch the DLT Science Foundation (DSF). This non-profit initiative aims to promote blockchain technology adoption across industries and academia.

The fund from MEXC Ventures, Foresight Ventures, and Mirana Ventures aims to support and develop innovative projects on the Aptos platform, which will significantly expand the possibilities of blockchain technology use.

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