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TipRanks 2022-03-24 15:56:38

Blockchain Platforms Unveil Venture Funds

Between angel investors and venture capital funds, billions of dollars are being poured into promising projects shaping the future of financial services. In the last couple of years, a new trend has emerged. In addition to deep-pocketed investors, prominent crypto exchanges and blockchain protocols, too, have begun venturing into funding. Crypto.com, FTX, Binance, WazirX – almost every globally recognizable platform, has rolled out in-house venture funds committed to backing early-stage crypto startups, thereby accelerating the growth of the evolving blockchain universe while simultaneously increasing ecosystem sustainability. Ecosystem sustainability and self-sufficiency have long been a cornerstone of cryptoshere adoption momentum.

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