BGA Web3 Key Fund Completes $5 Million Fundraising, Aims to Expand into Southeast Asia and the Middle East

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September 13, 2024
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BGA Web3 Key Fund Secures $5 Million Funding

Mars Finance reports that the BGA Web3 Key Fund, a joint initiative by the Asian Blockchain Association (ABA) and Blockchain for Good Alliance (BGA), has successfully raised $5 million. Notably, cryptocurrency exchanges contributed $2.5 million to the fund.

As part of the BGA Incubator Program, the fund aims to support selected Web3 and cryptocurrency projects through an incubation program. It also seeks to expand its reach into Southeast Asia and the Middle East. Applications for funding are now open.

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