Bitget announces $100M crypto fund for Asia

The exchange Bitget launches a investment fund with 100 million dollars and to support Asian Web3 projects.

This Monday, the Seychelles-based exchange specializing in crypto derivatives Bitget announced the launch of a 100 million dollar fund which will invest primarily in crypto startups based in Asia.

We can see that the Web3 space is evolving rapidly and there are many projects worth supporting to further this development and make Web3 a truly global phenomenon, as Web2 once was. That’s why the Bitget Web3 Fund will strive to seek out projects that have the most impact on this process,” said Gracy Chen, Bitget CEO.

This month, Bitget announced it had received a $10 million investment from crypto VC Dragonfly. In March, the platform got its hands on the Bitkeep wallet.

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