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Solana Introduces $5M Ecosystem Fund With Coin98 Ventures To Shape The Asian DeFi Market
Summary: Coin98 Ventures, a blockchain investment arm of Vietnam-based company Coin98 Finance, announced the establishment of an ecosystem fund of $5 million in cooperation with the Solana Foundation. The purpose of the new fund is to support the development of the Asian DeFi market. Early projects based on the Solana ecosystem or with the potential to use Solana ...
Coin98 Ventures, a blockchain investment arm of Vietnam-based company Coin98 Finance, announced the establishment of an ecosystem fund of $5 million in cooperation with the Solana Foundation.
The purpose of the new fund is to support the development of the Asian DeFi market. Early projects based on the Solana ecosystem or with the potential to use Solana technology can receive funds.
The announcement stated that the funds will be deployed in the next three years, the project team must have a physical organization (headquarters, company structure, employees, or other) in Southeast Asia to qualify, and the qualified ones have the opportunity to obtain technical and market support from Coin98 Finance Labs and Solana Foundation.
By Mary Liu
Tags: Coin98 Ventures,DeFi,Solana,Southeast Asia
Link: Solana Introduces $5M Ecosystem Fund With Coin98 Ventures To Shape The Asian DeFi Market [Copy]
