MEXC Ventures, Foresight Ventures, and Mirana Ventures have partnered to establish a fund aimed at supporting promising projects built on the Aptos platform. This fund is designed to accelerate the development of decentralized applications and protocols leveraging Aptos' unique infrastructure.

Supporting Key Web3 Projects

The fund aims to offer financial and resource-based support to developers building projects using Aptos' technology. It will play a pivotal role in Aptos' ecosystem expansion by encouraging innovation and engagement through initiatives like the Aptos Code Collision, the flagship hackathon program for the Aptos community. "This ecosystem fund will fuel the next phase of growth for protocols, projects, and platforms on Aptos," said David Toh, Managing Partner at Mirana Ventures.

Expanding Bitcoin's Role in Aptos

Aptos has recently attracted attention for its integration with Stacks, Bitcoin's layer-2 solution, which will allow Bitcoin to be used across dApps built on the Aptos network. The key to this integration is sBTC, a 1:1 BTC-backed asset that enables Bitcoin transactions on layer-2 networks like Stacks.

Partnership with Ripple and Launch of DLT Science Foundation

Adding further momentum to Aptos’ rapid ecosystem growth, Ripple has 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. One of the first initiatives of the DSF is the launch of the MiCA Crypto Alliance, which seeks to improve coordination among industry players to navigate the regulatory landscape in the European Union.

The creation of the fund by partners MEXC Ventures, Foresight Ventures, and Mirana Ventures opens new prospects for the development of the Aptos ecosystem and the integration of technologies that promote the spread of decentralized finance and applications. This partnership and subsequent initiatives indicate the rapid growth and potential of the Aptos platform.