TechFlow news — The Core Foundation announced on Thursday the launch of the Core Venture Network (CVN), a community comprising more than 50 venture capitalists and investors, to support the development of Core Chain, a Bitcoin-powered, EVM-compatible blockchain.
CVN has announced a $15 million regional ecosystem fund for projects in Africa, Latin America, and Southeast Asia. The $5 million Core Africa Innovation Fund, launched in January, was the first regional fund.
CVN also aims to provide mentorship, guidance, partnership facilitation, and potential co-investment through a $200 million Core Chain Ecosystem Fund launched jointly with cryptocurrency exchanges Bitget and MEXC.
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