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Ninety Eight, a Vietnamese Web3 coalition, has launched a $25 million ecosystem fund to support Web3 startups in Asia. The fund will provide financial and strategic support to selected startups, working closely with them to offer guidance and access to extensive resources. Japanese financial giant SBI Holdings is also starting a new fund to invest in Web3, AI, metaverse, and other startup companies. The total fund is expected to reach $663 million, with half of the limited partners coming from other traditional consortiums in Japan. Additionally, SBI Holdings and Standard Chartered are planning to deploy over $100 million in capital to Web3 startups. SC Ventures and SBI Holding have set up a $100 million digital asset investment fund. SBI Holdings is also planning to establish a ¥100 billion ($660 million) fund to support startups in web3, AI, and metaverse sectors. Furthermore, Polygon Village has launched a $90 million fund for ecosystem development, and 0xPolygonLabs has introduced a new grant program worth $85 million to entice developers to build applications in its ecosystem.
ICYMI: Standard Chartered unit, SBI Holdings team up to invest $100 million in crypto startups https://t.co/faT7zvWidh
.@0xPolygonLabs has introduced a new grant program worth $85 million to entice developers to build applications in its ecosystem. By @JamieCrawleyCD https://t.co/3EjF4TldCC
Polygon Village launches $90 million fund for ecosystem development https://t.co/dQ0CIg3evC
🚨 Some Major news from yesterday🚨 - SBI Holdings, a prominent Japanese financial company, plans to establish a ¥100 billion ($660 million) fund aimed at supporting startups in web3, artificial intelligence (AI), and the metaverse sectors - SEC Chair Gary Gensler hinted at the… https://t.co/78XLQmS77R https://t.co/wF9XErcM7Q
SC Ventures and SBI Holding set up $100m digital asset investment fund https://t.co/RNgDQGFHKp
.@stanchart and @sbigroup are forming an investment company with $100 million backing to target crypto startups . By @JamieCrawleyCD https://t.co/uV1DSkbB3d
This is so bullish. SBI, and Standard Chartered are about to deploy over $100M in capital to web3 startups. https://t.co/eQ9DlYUMtd
And you're bearish anon? Standard Chartered unit, SBI Holdings team up to invest $100 million in crypto startups
Standard Chartered unit, SBI Holdings team up to invest $100 million in crypto startups https://t.co/nthYZfP1Xq
Been talking to quite a few Web3 VCs that are raising funds again. Bigger funds/banks like SBI, Citi Ventures are starting to set their sights on web3 projects ready to deploy capital. Market sentiment is quickly shifting, & with that brings more capital deployment. Get ready.
The new fund of Japanese financial giant SBI Holdings will begin investing in Web3, AI, metaverse and other start-up companies, totaling 150 to 200 companies. The total fund is expected to reach $663 million. Half of the LPs come from other traditional consortiums in Japan.… https://t.co/lJS6EhSVK5
The new fund of Japanese financial giant SBI Holdings will begin investing in Web3, AI, Yuanverse and other start-up companies, totaling 150 to 200 companies. The total fund is expected to reach US$663 million. Half of the LPs come from other traditional consortiums in Japan.… https://t.co/ItqpSgXS03
The Vietnamese Web3 coalition Ninety Eight, known for its decentralized finance ecosystem and wallet Coin98, has announced the launch of a $25 million ecosystem fund. https://t.co/wvf9l9YuPm
Ninety Eight #C98 has announced the launch of a $25M Ecosystem Fund to support #Web3 startups in Asia 📈 The Ninety Eight Ecosystem Fund will provide both financial and strategic support to selected startups, working closely with them to offer guidance and access to extensive… https://t.co/I0LLIgTCgR https://t.co/udVgOuTIsz