OKX Blockdream Ventures Joins Busan Blockchain VC Alliance to Boost South Korea's Blockchain Industry Development
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OKX Blockdream Ventures Joins Busan Blockchain VC Alliance to Boost South Korea's Blockchain Industry Development
OKX Blockdream Ventures announced on October 28 that it has signed a memorandum of understanding (MoU) with the city of Busan, South Korea, to join the Blockchain Venture Capital Alliance (VCABB).
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On October 28, OKX Blockdream Ventures announced it has signed a Memorandum of Understanding (MoU) with the city of Busan, South Korea, officially joining the Blockchain Venture Capital Alliance (VCABB).
As part of the collaboration, the city of Busan will encourage investors to increase funding for its local blockchain industry. Additionally, Busan will provide necessary resources to attract substantial foreign capital for the development of the blockchain sector.
OKX Blockdream Ventures plans to support the development of Busan’s blockchain industry in multiple ways:
- Fully leverage local capabilities and resources.
- Provide media and marketing solutions to develop Busan’s blockchain ecosystem.
- Intensify recruitment efforts for outstanding local talent and attract global professionals to contribute to the growth of Busan’s blockchain industry.
Dora, founder of OKX Blockdream Ventures, said: “Our partnership with the city of Busan marks a significant step forward for OKX Blockdream Ventures. We aim to invest in promising and technologically innovative blockchain projects in Korea, and through our leadership in the industry, actively drive the development of the local blockchain ecosystem.”
Busan Mayor Park Hyung-joon said: “We welcome the venture capital firms to Busan, and we look forward to future collaborations. We appreciate their active participation in building Busan’s blockchain ecosystem, and we are committed to helping Busan become a blockchain-specialized city.”
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