MEXC Ventures, Foresight Ventures and Mirana Ventures Launch Aptos Ecosystem Expansion Fund

Singapore City, SG, Sept. 19, 2024 (GLOBE NEWSWIRE) — MEXC Ventures, Foresight Ventures, and Mirana Ventures have jointly launched a fund to support projects launched on the Aptos ecosystem. The fund will target promising projects built on the Aptos platform, providing resources to develop critical Web3 use cases that leverage Aptos infrastructure, innovations such as Block-STM, and seamless interoperability with key EVM ecosystems.

The fund underlines the strong confidence in Aptos’ technological innovation and potential to accelerate ecosystem projects; it reflects the growing awareness of the potential of protocols, platforms and decentralized applications (dapps) deployed on Aptos. It reinforces the fact that Aptos stands out from other L1s with its innovative Move programming language and unwavering commitment to scalability, security and decentralization.

MEXC Ventures, Foresight Ventures, and Mirana Ventures are also proud supporters of Aptos Code Collision, the flagship hackathon program of the Aptos ecosystem. This strategic partnership aims to foster innovation by awarding prizes to the most promising projects and creators in the community. In partnership with the Aptos Foundation, these top VCs are dedicated to driving user engagement through a range of platform activities, campaigns, and educational initiatives that drive growth and development in the Aptos community.

At MEXC, we are proud to support pioneering Aptos-based projects– said Tracy Jin, Vice President of MEXC.“With the upcoming MOVE2 update, the Aptos technology stack remains innovative, and its low latency and high throughput are battle-tested. The upcoming USDT integration and the promise of Aptos Ascend will further enhance Aptos DeFi. We look forward to driving blockchain innovation and promoting a sustainable, scalable future for the industry.”

Foresight Ventures also expressed confidence in Aptos’ potential. “The innovators in the Aptos ecosystem are addressing — and in some cases, eliminating — key challenges facing the broader blockchain development community,” it said. Forest Bai, Co-Founder and CEO“This strategic move is just the first step in our support for Aptos-based projects, with plans to continually invest more resources to deepen their involvement, together with our exchange partners like Bitget.”

“There is truly exceptional innovation happening across the Aptos ecosystem, driven by infrastructure, technology stack, and network tools,” he said. David Toh, Managing Partner, Mirana Ventures“The security, scalability, and developer empowerment that underpin Aptos technology align with our philosophy. This ecosystem fund will provide the necessary resources to power the next phase of growth for protocols, projects, and platforms on Aptos that span multiple use cases and benefit from an interoperable, scalable, and reliable non-EVM environment.”

About MEXC Ventures
MEXC is a leading global cryptocurrency trading platform that provides 5 World Leading Advantages for All Traders. MEXC Ventures is a comprehensive fund of MEXC Group, committed to supporting innovation in the cryptocurrency field through strategic investments, M&A, FOF and project incubation. Mexc Ventures upholds the concept of “Empowering Partners and Co-Developing” by fully sharing fund resources and providing solid support to projects. For more information, please visit MEXC Projects.

About Foresight Ventures
Foresight Ventures is the first and only crypto VC bridging the East and West. With a research-driven approach and offices in the US and Singapore, we are a powerhouse in cryptocurrency investment and incubation. Our leading media network includes The Block, Foresight News, BlockTempo and Coinness. We aggressively invest in the boldest innovations and are committed to partnering with visionary ventures and the best teams to help them succeed, transforming the future of digital finance and beyond. Learn more at Foresight Projects.

About Mirana Ventures
Miran’s Projects is a leading global investment fund that provides long-term capital and strategic partnerships to visionary founders and fund managers in the Web3 space. Leveraging our business partnerships with Bybit, Mantle and our broad network of portfolio companies and funds, we help founders turn their breakthrough ideas into reality.

Disclaimer: The information contained in this press release does not constitute a solicitation for investment, nor is it intended as investment advice, financial advice or trading advice. Cryptocurrency mining can be risky. There is a risk of losing funds. It is strongly recommended that you conduct due diligence, including consulting a professional financial advisor, before investing or trading in cryptocurrency and securities.

Miran’s Projects
Zixi Wang
PR Director
[email protected]

Aptos
There is no Yavuz
Community Manager
[email protected]

Foresight Projects
Natalie Tien
PR Director
[email protected]