NGC Ventures launches $20m fund to develop Solana blockchain ecosystem

NGC Ventures launches $20m fund to develop Solana blockchain ecosystem

Tech in Asia·2021-05-10 17:00

Singapore-based blockchain investment firm NGC Ventures announced the launch of a US$20 million strategic investment fund to develop the Solana ecosystem, a community of apps and projects built on the blockchain, which was founded by former Qualcomm, Intel, and Dropbox engineers.

The fund made its first strategic injection today into Dexlab, a decentralized exchange where Solana projects mint and list their tokens.

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