Wormhole Launches $50M Cross-chain Ecosystem Fund

Cross-chain interoperability protocol Wormhole announced the launch of the $50 million Cross-chain Ecosystem Fund, which aims to support developers building DApps or infrastructure that integrate Wormhole.

The fund is managed and operated by Borderless Capital, and is backed by a number of blockchain protocols, infrastructure providers, and institutional investors, including Jump Crypto, Polygon Ventures, Aptos Labs, Solana Foundation, Algorand Foundation, GSR, Arrington Capital, and others.

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