Cryptocurrency trading platform MEXC Ventures, cryto fund Foresight Ventures, and cryto investment firm Mirana Ventures have jointly launched a fund to support projects launching in the so-called Aptos ecosystem.
This fund will target promising projects built on the Aptos platform by providing resources for the development of critical Web3 use cases that utilize Aptos’ infrastructure, innovations such as Block-STM, and seamless interoperability with key EVM ecosystems, according to a statement on Thursday.
The fund underscores strong confidence in Aptos’s technological innovations and potential, contributing to the acceleration of ecosystem projects; it reflects the increasing recognition of the potential for protocols, platforms, and decentralized applications (dapps) deployed on Aptos.
It reinforces that Aptos stands apart from other L1s due to its innovative Move programming language and unwavering commitment to scalability, security, and decentralization.
MEXC Ventures, Foresight Ventures, and Mirana Ventures are also supporting Aptos Code Collision, the flagship hackathon program of the Aptos ecosystem.
This strategic collaboration aims to foster innovation by awarding prizes to the most promising projects and builders within the community.
In partnership with the Aptos Foundation, these top VCs are dedicated to enhancing user engagement through a series of on-platform activities, campaigns, and educational initiatives driving growth and development within the Aptos community.
”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.”
“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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