Twenty blockchain teams and venture funds have teamed up to launch a $50 million Cross-Chain Ecosystem Fund focused on new startups that leverage the Wormhole cross-chain messaging protocol.
The Cross-Chain Ecosystem Fund is being managed and operated by Borderless Capital, a venture capital firm in the Web3 space. Backed by top blockchain protocols, infrastructure providers, and institutional investors, the fund aims to support cross-chain innovations that will drive the growth and adoption of the Web3 industry.

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