Cryptocurrency exchange, Bitget is launching a $100 million Bitget Web3 Fund that will focus on Web3-friendly venture capital and outstanding Web3 projects to drive the development of the next generation of crypto projects.

The fund will be aimed at finding VCs and projects globally with special emphasis on Asia-based partners that offer innovative solutions to real-world problems and have a clear roadmap and professional team.

Established in 2018, Bitget is a one-stop trading solution for all things related to cryptocurrency and blockchain, offering users a seamless experience for trading futures, investing, and accessing decentralized applications (dApps).

The company currently serves over 8 million users in more than 100 countries and regions. It recently acquired BitKeep wallet, a Web3 access gateway with over 9.5 million users, further enhancing the Web3 surfing experience for Bitget users.