The Aptos ecosystem expansion will target promising projects built on the blockchain, providing resources for their Web3 development.
MEXC Ventures, Foresight Ventures, and Mirana Ventures have jointly launched a fund to support projects launching in the Aptos ecosystem. The fund will target promising projects by providing resources for the development of critical Web3 use cases that utilise Aptos’ infrastructure.
The fund reflects the increasing recognition of the potential for protocols, platforms, and decentralised applications (DApps) deployed on Aptos. The venture is also supporting the Aptos Code Collision, which is the flagship hackathon program of the Aptos ecosystem.
”At MEXC, we are proud to back trailblazing projects building on Aptos,” said Tracy Jin, Vice President of MEXC. “With the upcoming MOVE2 update, Aptos’ tech stack remains innovative, and its low latency and high throughput performances have been battle-tested. The upcoming integration of USDT and the promise of Aptos Ascend will further enhance Aptos DeFi. We look forward to advancing blockchain innovation and promoting a sustainable, scalable future for the industry.”
Foresight Ventures also expressed confidence in Aptos’ potential. “Innovators from the Aptos ecosystem are tackling—and, in some cases, eliminating—key challenges facing the broader blockchain builder community,” said Forest Bai, Co-Founder and CEO. “This strategic move is just the first step in our support for projects built on Aptos, with plans to continuously invest more resources to deepen their engagement, together with our exchange partners like Bitget.”
“There’s truly exceptional innovation taking place across the Aptos ecosystem and powered by the network’s infrastructure, tech stack, and tooling,” said David Toh, Managing Partner of Mirana Ventures. “The security, scalability, and developer empowerment fundamental to Aptos’ technology aligns with our philosophy. This ecosystem fund will provide the necessary resources to fuel the next phase of growth for protocols, projects, and platforms on Aptos operating across use cases and benefitting from an interoperable, scalable, and reliable non-EVM environment.”
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