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Bitget to Invest in Indian Blockchain Startups under its $10M Fund


by CoinEdition
  • Bitget plans to invest in Indian blockchain startups under the $10M BlockchainForYouth Fund.
  • Bitget is sponsoring India’s BUIDL for Web3 summit under the B4Y initiative.
  • The $10 million investment aims to nurture high-potential crypto projects for innovation in new technologies.

The renowned crypto derivatives and copy trading platform Bitget has made public its intent to channel significant investments into Indian-based blockchain startups. The exchange proclaimed this development in a recent statement, noting that it is part of Bitget’s Blockchain4Youth (B4Y) initiative, which has earmarked $10 million for Web3-focused projects.

According to the notification, the initiative is launching today, November 6, and will run until December 4, 2023, sponsoring BUIDL for Web3, India’s leading multi-chain summit. Notably, this summit, powered by Bitget, is a collaboration between Lumos Labs and BuidlersTribe. The exchange noted that the summit will provide a platform for Indian startups to present their ideas to Bitget and prominent venture capitalists.

Furthermore, Bitget stated that the purpose of its investment is to seek out and nurture high-potential proj…

The post Bitget to Invest in Indian Blockchain Startups under its $10M Fund appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Crypto Lender Divine Uses Iris-Scanning World ID to Disburse 30,000 Unsecured Loans

Crypto Lender Divine Uses Iris-Scanning World ID to Disburse 30,000 Unsecured Loans

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Metaplanet Buys 780 More Bitcoin, Total Now Over 17,000 BTC

Metaplanet Buys 780 More Bitcoin, Total Now Over 17,000 BTC

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Bitget to Invest in Indian Blockchain Startups under its $10M Fund


by CoinEdition
  • Bitget plans to invest in Indian blockchain startups under the $10M BlockchainForYouth Fund.
  • Bitget is sponsoring India’s BUIDL for Web3 summit under the B4Y initiative.
  • The $10 million investment aims to nurture high-potential crypto projects for innovation in new technologies.

The renowned crypto derivatives and copy trading platform Bitget has made public its intent to channel significant investments into Indian-based blockchain startups. The exchange proclaimed this development in a recent statement, noting that it is part of Bitget’s Blockchain4Youth (B4Y) initiative, which has earmarked $10 million for Web3-focused projects.

According to the notification, the initiative is launching today, November 6, and will run until December 4, 2023, sponsoring BUIDL for Web3, India’s leading multi-chain summit. Notably, this summit, powered by Bitget, is a collaboration between Lumos Labs and BuidlersTribe. The exchange noted that the summit will provide a platform for Indian startups to present their ideas to Bitget and prominent venture capitalists.

Furthermore, Bitget stated that the purpose of its investment is to seek out and nurture high-potential proj…

The post Bitget to Invest in Indian Blockchain Startups under its $10M Fund appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Crypto Lender Divine Uses Iris-Scanning World ID to Disburse 30,000 Unsecured Loans

Crypto Lender Divine Uses Iris-Scanning World ID to Disburse 30,000 Unsecured Loans

San Francisco-based Divine Research has issued 30,000 unsecured crypto loans since De...
Metaplanet Buys 780 More Bitcoin, Total Now Over 17,000 BTC

Metaplanet Buys 780 More Bitcoin, Total Now Over 17,000 BTC

Metaplanet added 780 Bitcoin on July 28, boosting its total holdings to 17,132 BTC, u...