Wormhole Launches $50M Cross-chain Ecosystem Fund

Wormhole Launches $50M Cross-chain Ecosystem Fund

Cross-chain interoperability protocol Wormhole announced the launch of the $50 million Cross-chain Ecosystem Fund, which aims to support developers building DApps or infrastructure that integrate Wormhole.

The fund is managed and operated by Borderless Capital, and is backed by a number of blockchain protocols, infrastructure providers, and institutional investors, including Jump Crypto, Polygon Ventures, Aptos Labs, Solana Foundation, Algorand Foundation, GSR, Arrington Capital, and others.

 

TokenInsight is dedicated to covering the most important and cutting-edge trends in the world of crypto. If you have information to share with us, please feel free to contact our email news@tokeninsight.com. Your trust will be well respected.

Source

Cross-Chain

Infrastructure

Fund

Related News
Sky’s lending subDAO Spark targets up to $1.1 billion in direct exposure to Ethena’s USDe and sUSDe tokens Sky’s lending subDAO Spark targets up to $1.1 billion in direct exposure to Ethena’s USDe and sUSDe tokens
Six Bitcoin Mutual Funds to Debut in Israel Next Week: Report Six Bitcoin Mutual Funds to Debut in Israel Next Week: Report
Omni Network launches 'Core' mainnet to unify Ethereum's fragmented rollup ecosystem Omni Network launches 'Core' mainnet to unify Ethereum's fragmented rollup ecosystem
Fantasy.top announces V2 and $4.25 million seed funding from Dragonfly and Manifold Ventures Fantasy.top announces V2 and $4.25 million seed funding from Dragonfly and Manifold Ventures
BTC investors pour $1.1B into BlackRock ETF as Bitcoin marks another high BTC investors pour $1.1B into BlackRock ETF as Bitcoin marks another high
Latest News More More
9 Hours Ago TON Foundation offers path to 10-year UAE 'Golden Visa' for $100k in staked TON, $35k fee; UAE denies eligibility
3 Days Ago Tether plans further Bitcoin mining expansion in South America with Adecoagro tie up
4 Days Ago North Korean hackers use fake Zoom updates to deliver ‘NimDoor’ macOS malware targeting crypto firms
4 Days Ago JPMorgan's blockchain unit tests new carbon credit tokenization application with S&P Global
June 30 Ethereum community plans onchain ‘time capsule’ to mark 10th anniversary of network’s genesis block
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open