• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Web3 Evolution: OKX and Aptos Launch $10M Fund. Learn More!

user avatar

by Giorgi Kostiuk

8 months ago


  1. Goals and Priorities of the Ankaa Fund
  2. Partnership and Governance Structure
  3. Recent Developments and Prospects
  4. The development of projects on the Aptos blockchain is set to receive a significant boost, thanks to a new $10 million fund jointly launched by OKX Ventures and the Aptos Foundation. Named Ankaa, the fund aims to accelerate the growth of projects in the realms of DeFi, real-world assets (RWA), gaming, social platforms, and artificial intelligence (AI).

    Goals and Priorities of the Ankaa Fund

    The Ankaa fund will focus on supporting projects in these key areas:

    • Decentralized Finance (DeFi)
    • Real-World Assets (RWA)
    • Gaming Industry
    • Social Platforms
    • Artificial Intelligence (AI)

    Not only does the fund aim to foster growth in these sectors, but it also seeks to enhance the utility of tokenized assets through innovative staking and re-staking processes, improving capital efficiency on supporting platforms.

    Partnership and Governance Structure

    The Ankaa fund will be jointly operated by Aptos Foundation, OKX Ventures, and Alcove, Aptos' accelerator established last November. Bashar Lazaar, Head of Grants and Ecosystem at Aptos Foundation, said:

    “OKX Ventures' vast network and robust expertise in supporting virtually all areas of the Web3 space is an invaluable resource for the Aptos ecosystem. The team's commitment to fostering a conducive environment for innovation and growth aligns perfectly with our vision for Aptos.”Bashar Lazaar

    The Ankaa accelerator program will offer selected Aptos ecosystem projects venture funding, focused mentoring, and go-to-market exposure through the extensive networks of experts at OKX, Ankaa, and Aptos Foundation. Five promising projects will be chosen for the inaugural accelerator cohort starting in September.

    Recent Developments and Prospects

    Recently, the Aptos Foundation launched a yield-bearing stablecoin, Ondo US Dollar Yield (USDY), developed by Ondo Finance on the Aptos blockchain. This initiative aims to democratize finance and provide underserved communities with financial products that combine on-chain native and real-world asset yields.

    The launch of the Ankaa fund represents a strategic move to strengthen and develop the Web3 ecosystem through innovative projects and collaboration. Projects supported by Ankaa will receive access to unique expertise and resources, accelerating their growth and increasing investment in the blockchain industry.

0

Share

Other news

Arthur Hayes Anticipates Bitcoin Surge to $250,000 Amid U.S. Economic Policy Changes

Arthur Hayes predicts Bitcoin will hit $250,000 by 2025 due to economic policy changes and increased liquidity.

user avatarGiorgi Kostiuk

a minute ago

MAGACOINFINANCE: Key Crypto Project of 2025

MAGACOINFINANCE finds its place among the top 2025 crypto projects, standing out with its growth potential and relevant offerings.

user avatarGiorgi Kostiuk

11 minutes ago

BlockDAG Achieves Significant Funding Growth Following Beta Testnet Launch

BlockDAG successfully raised $5 million within 48 hours of its beta testnet launch, demonstrating a significant investor interest.

user avatarGiorgi Kostiuk

43 minutes ago

Analysis of Aptos, ONDO, and Qubetics: Promising Cryptos for 2025

Aptos, ONDO, and Qubetics have established themselves as key players in the cryptocurrency world in 2025.

user avatarGiorgi Kostiuk

44 minutes ago

BlockDAG Launches Testnet Mirroring Real World Tokenomics

BlockDAG's testnet models tokenomics while Dogecoin shows volatility and Ethereum Classic remains steady.

user avatarGiorgi Kostiuk

an hour ago

Atkins' SEC Nomination Advances in U.S. Senate Committee

Atkins' nomination progresses, hinting at potential regulatory shifts for digital assets.

user avatarGiorgi Kostiuk

an hour ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.