Bitget fueling in $100M for Asian Web3 Market
As more and more projects are opting for Non US jurisdictions, Crypto exchange Bitget has started a 100 million dollars web3 focusing on Asian market.
This comes after China opened the door for cryptocurrency in HongKong, and Japan’s approval web3 development whitepaper last week. Recently, Thailand’s leader of opposition party promised an airdrop worth 300$ in crypto, if elected Prime Minister.
“Despite the bear run, Bitget has always been supporting promising and innovative projects and the development of the Web3 environment with a focus on BUIDL. The launch of Bitget Web3 Fund is a continuation of our ongoing efforts to drive the adoption of crypto and Web3, reflecting our ‘Go beyond derivative’ strategy in 2023,” Gracy Chen, the Managing Director of Bitget, said to CoinDesk in a statement.