TechFlow news: OKX Ventures and Aptos Foundation have announced a joint $10 million fund aimed at supporting the development of the Aptos ecosystem and advancing widespread adoption of Web3.
The fund will support the creation of an accelerator program operated in partnership with Ankaa, to foster high-quality projects and applications being built on Aptos.
The accelerator will provide selected Aptos-based projects with venture funding support, targeted mentorship, marketing assistance, and access to an expert network. A jury from Aptos Foundation, OKX Ventures, and Ankaa will select five promising projects for the first cohort of the accelerator program launching in September.
Ankaa will act as the initial investor for selected projects and manage the day-to-day operations of the accelerator. Focus areas include infrastructure, DeFi, real-world assets (RWA), gaming, social, AI, and other dApps critical to the growth of the Aptos ecosystem and Web3.
