ViaBTC launches investment fund dedicated to Web 3.0 and Decentralized Finance (DeFi)

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ViaBTC’s New Venture Capital Fund

contracting ViaBTC, one of the greatest swimming pools Bitcoin (BTC) Mining Company Just Created new investment fund Fully dedicated to funding startups operating in the cryptocurrency and blockchain industry.

The investment fund is called ViaBTC Capital, and this investment fund focuses on financing projects related to Web 3.0, decentralized finance (DeFi), non-fungible tokens (NFTs), decentralized autonomous organizations (DAOs), and Layer 2 protocols.

In addition to financial support, ViaBTC also offers startups that support other servicesincluding marketing support, technical advice and access to a network of investors.

Based on its own experience in developing products such as mining pools, wallets, cryptocurrency exchange platforms or block chains, ViaBTC Capital will actively support many projects.

At the time of this writing, ViaBTC Capital is already helping 3 blockchain startups :

  • Qredo: a cross-threading protocol for asset managers;
  • Lunarcrush: a protocol for tracking the impact of social media on cryptocurrencies;
  • Nabux: A multi-chain wallet for decentralized finance.

For his support in this new initiative, ViaBTC Capital has approached many other investment funds.t and blockchain startups such as Pantera Capital, IOSG Ventures, Shima Capital, TokenInsight, TokenPocket, Woo, Wanxiang Blockchain Labs or Blofin.

Also, ViaBTC opens with this new product The doors of her entire ecosystem To the most promising projects. In particular, the latter will be able to directly access the CoinEx platform, and list its token there if it has one. This list will also benefit users of the platform, who will be able to invest in this token via an initial exchange offering (IEO).

πŸ‘‰ Going forward, find our opinion and tutorial guide on CoinEx platform

An initiative that will benefit the entire ViaBTC ecosystem

Founded in May 2016, ViaBTC Group has the peculiarity of having developed an entire ecosystem around cryptocurrency and blockchain early on. I initially specialized in bitcoin mining, ViaBTC now has multiple products.

It will be the crypto exchange CoinEx and its users who will benefit the most from the investments of ViaBTC Capital. By having a code, this will be especially possible To invest in projects backed directly by ViaBTC.

In addition to IEOs, CoinEx also offers a solution for yield cultivationAnd Ideal for ensuring the release of new code by distributing it to the users of the platform.

ViaBTC teams have also developed the digital wallet Viawalletits own blockchain, CoinEx Smart Chain (CSC) or its decentralized exchange platform OneSwap.

Thus, each project receiving support from ViaBTC Capital will have the opportunity to connect with the elements of this entire ecosystem, and contribute to its development.

πŸ‘‰ Discover our full offer of CoinEx Smart Chain

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About the author: Clement Wordsala

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Cryptoast Editor-in-Chief, I discovered Bitcoin and blockchain technology in 2017. Since then, I have been striving to share high quality content so that the sector becomes more democratic for everyone.
All articles written by Clement Wardzala.

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