What's New In Investments, Funds? – Bitget

Editorial Staff

11 April 2023

Bitget
Bitget, a crypto derivatives and copy trading platform, has launched its Bitget Web3 Fund with an initial investment of $100 million.

The fund will focus on investing in Web3-friendly venture capital and outstanding Web3 projects, with the goal of supporting the development of the next generation of crypto projects.

The fund will seek out venture capitalists and projects globally but prioritise partners in Asia that have a clear roadmap and an experienced team, and those that offer innovative solutions to real-world problems, Bitget said in a statement. It has so far received inquiries from VCs including Foresight Ventures, Dragonfly Capital, SevenX Ventures, DAO Maker, and ABCDE Capital for potential partnerships.

Bidget was established in 2018; the exchange has more than eight million users.