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Movement Teams Up With Gate Ventures and Boon Ventures for $20M Web3 Innovation Fund

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Gate Ventures, Movement Labs, and Boon Ventures have launched a new $20 million fund to fuel innovation in the Web3 sector. This collaborative effort will focus on advancing Move-based blockchain technologies and nurturing projects that enhance decentralized networks, bridge different blockchain ecosystems, and develop new infrastructure and applications for Web3. The partnership combines Gate Ventures“ extensive investment experience, Movement Labs” technological expertise, and Boon Ventures' history of fostering innovative startups to drive significant progress in decentralized technologies.

Event date: October 14, 2024 UTC
Gate.io
@
We're investing in the future of #Web3!

🤝 Gate Ventures just launched a $20,000,000 fund with Movement & Boon Ventures to power the next era in Move-Based Blockchains.

👀 Ready to see what the future holds? We are!

Learn more: https://www.gate.io/announcements/article/39866
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