Anchorage Digital established a venture capital fund to support the development of early-stage blockchain infrastructure.
The new fund named Anchorage Digital Ventures focuses on providing financial and strategic support for founding teams building on-chain infrastructure, preparing for institutional adoption from the start.
MAIN CONTENT
Anchorage Digital launches a venture capital fund specifically supporting teams developing early-stage blockchain infrastructure.
Prioritizing projects related to Bitcoin DeFi, real assets, decentralized identity, and potential infrastructure fields.
The support program includes financial assistance, strategic guidance, and demo day events at Token2049 Singapore in October.
What kind of investment fund is Anchorage Digital Ventures and what are its goals?
Anchorage Digital Ventures is the new venture capital arm of Anchorage Digital, focusing on supporting teams building blockchain infrastructure from the early stages.
The goal of the fund is to help projects become "enterprise-grade from day one," providing not only financial capital but also strategic consulting support to optimize the development and practical application process.
The fund emphasizes accompanying potential projects to create a sustainable ecosystem, addressing challenges in accessing capital and developing infrastructure for the cryptocurrency market.
Which fields does Anchorage Digital Ventures prioritize for support?
The fund focuses on development teams in the areas of DeFi on Bitcoin, real-world assets, decentralized identity, and high-potential infrastructure sectors.
In particular, Anchorage Digital prioritizes projects that address bottlenecks affecting the adoption of cryptocurrency technology in organizational environments to enhance mainstream acceptance.
Selecting projects based on these criteria helps increase sustainability and the scalability of practical applications of the platform, contributing to a more professional and transparent market development.
What does the support program and selection process look like?
The program is currently open for applications for founding teams building early-stage blockchain infrastructure.
Selected teams will receive an invitation to attend a separate demo day event held in October at Token2049 Singapore, where they will present their business models to potential investors.
Through this event, Anchorage will announce the officially funded teams while facilitating connections and long-term development support according to the fund's strategic plan.
"We are committed to supporting founding teams so they can build enterprise-grade blockchain infrastructure from the ground up, accelerating the process of applying cryptocurrency in practice."
– Representative of Anchorage Digital, announced on August 25, 2023
Frequently asked questions
What is Anchorage Digital Ventures?
This is the venture capital fund of Anchorage Digital, providing financial and strategic support for early-stage blockchain infrastructure projects.
Which projects are prioritized for investment?
DeFi Bitcoin projects, real assets, decentralized identity, and infrastructure fields with significant application potential to serve organizational needs.
What support does the program offer besides funding?
Providing strategic development support, connecting a network of experts, and participating in a separate demo day event at Token2049 Singapore.
How to participate in the program of Anchorage Digital Ventures?
Candidates submit applications for consideration; selected teams will be invited to participate in the demo day and have the opportunity to receive official funding.
When will the demo day event take place?
Expected to be held in October 2023 at the Token2049 Singapore conference.
Source: https://tintucbitcoin.com/anchorage-digital-ra-mat-quy-dau-tu/
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