Aptos Foundation and OKX Ventures Launch $10 Million Growth Fund - Decrypt thumbnail
Aptos Foundation and OKX Ventures Launch $10 Million Growth Fund - Decrypt
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Aptos Foundation and OKX Ventures Launch $10 Million Growth Fund "AI's integration with blockchain technology, especially on platforms like Aptos, is set to revolutionize the industry," said an OKX Ventures exec. OKX Ventures, the VC arm of crypto exchange OKX, and Aptos Foundation, the organization
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Summary

- 🚀 **$10 Million Fund**: Aptos Foundation and OKX Ventures have launched a $10 million ecosystem growth fund to boost the Aptos blockchain.
- 🌐 **Web3 Adoption**: The initiative aims to accelerate the growth of the Aptos ecosystem and promote widespread adoption of Web3 technologies.
- 🛠️ **Accelerator Program**: The fund will support an accelerator program in partnership with Ankaa, focusing on nurturing quality projects on the Aptos blockchain.
- 💡 **DeFi Potential**: OKX Ventures' Jeff Ren highlights the untapped potential of DeFi on Aptos, along with interest in Real World Assets (RWA) and GameFi sectors.
- 🤖 **AI Integration**: Ren emphasizes the revolutionary impact of AI integration with blockchain technology, particularly on platforms like Aptos.

Top Highlights

  • Aptos Foundation and OKX Ventures Launch $10 Million Growth Fund "AI's integration with blockchain technology, especially on platforms like Aptos, is set to revolutionize the industry," said an OKX Ventures exec.
  • OKX Ventures, the VC arm of crypto exchange OKX, and Aptos Foundation, the organization behind the Aptos layer 1 blockchain, have launched a $10 million ecosystem growth fund. The initiative aims to accelerate the growth of the Aptos blockchain ecosystem and promote widespread adoption of Web3 technologies. The fund will primarily support an accel...
  • Aptos, a scalable Layer 1 Proof-of-Stake blockchain, utilizes the Move programming language to enhance the reliability, usability, and security of on-chain transactions. Jeff Ren, Head of OKX Ventures, told Decrypt that DeFi holds the most untapped potential on the Aptos blockchain, citing the blockchain's inherent strengths in secure and efficien...
  • He also expressed enthusiasm for the prospects in Real World Assets (RWA) and GameFi sectors. Ren also highlighted the growing importance of AI integration in blockchain technology. "AI's integration with blockchain technology, especially on platforms like Aptos, is set to revolutionize the industry," he said. OKX Ventures has already invested in...

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