Blockchain
Gate Group Launches Innovation Fund and Potentially Partners with Vietnam Blockchain Association
Gate.io Vietnam, Gate Group’s Vietnam company is excited to announce the launch of the Gate.io Innovation Fund for Vietnam Startups during the Gate Connect – Empowering Web3 Innovators event. This significant event aims to support and connect startups and key opinion leaders (KOLs) within Vietnam’s Web3 industry. Furthermore, Gate Charity, a global non-profit philanthropic organization, has reached a potential partnership agreement with the Vietnam Blockchain Association (VBA).
The event brought together 100 participants who engaged in various activities designed to foster collaboration and spur innovation within the Web3 ecosystem.
Vietnam Blockchain Association (VBA) actively participated in the event, with Mr. Thanh Dao, Head of Investment and Application at VBA, expressing his enthusiasm and support for the initiative. He highlighted the immense opportunities it will create for the Web3 community. Additionally, Gate.io Vietnam introduced the Gate.io Innovation Fund for Vietnam Startups, aiming to provide essential financial support to promising startups in Vietnam’s Web3 industry.
As part of the event’s program, Rae Pui, CEO of Gate Charity, delivered a compelling keynote speech emphasizing the importance of nurturing innovation. She also shared some of Gate Charity’s achievements and elaborated on why Vietnam was chosen as the destination to carry out this transformative project.
To facilitate the submission process for the Gate.io Innovation Fund, participants were provided with a QR code to access the submission portal. Gate.io Vietnam is committed to supporting and investing in projects that demonstrate strong potential, subject to a comprehensive review process.
Furthermore, a panel discussion on Web3 technology provided an invaluable opportunity for industry experts and participants to share insights and discuss the future of the Web3 ecosystem. The discussion delved into various aspects of Web3 technology, exploring its potential to revolutionize industries and create new opportunities.
“Gate.io aspires to bridge the gap between crypto and our daily lives, making it more accessible and leveraging its potential to create better lives for people. We are committed to empowering individuals and envision a future where crypto seamlessly integrates into our daily routines,” Rae Pui stated during the event.
Gate.io Vietnam’s Gate Connect – Empowering Web3 Innovators event underscored its unwavering dedication to supporting the growth of Vietnam’s Web3 industry. By successfully connecting startups, KOLs, and industry experts, the event fostered collaboration and paved the way for further innovation within the Web3 ecosystem.
Blockchain
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Blockchain
MicroStrategy boosts Bitcoin holdings to 214,400 BTC with $7.8m purchase
MicroStrategy has increased its Bitcoin holdings to 214,400 BTC with a recent purchase of $7.8 million worth of the cryptocurrency. This move further solidifies MicroStrategy’s position as a major institutional holder of Bitcoin and demonstrates its continued bullish outlook on the digital asset.
MicroStrategy, a publicly traded business intelligence firm, has been actively accumulating Bitcoin as part of its treasury strategy, viewing the cryptocurrency as a long-term store of value and hedge against inflation. The recent purchase of $7.8 million worth of Bitcoin adds to the company’s already substantial holdings, reaffirming its confidence in the future potential of the digital currency.
MicroStrategy’s ongoing accumulation of Bitcoin reflects a broader trend of institutional adoption and investment in the cryptocurrency space. As more companies recognize the value proposition of Bitcoin as a hedge against economic uncertainty and fiat currency devaluation, they are increasingly allocating funds to acquire and hold the digital asset.
Overall, MicroStrategy’s decision to boost its Bitcoin holdings with a $7.8 million purchase underscores the company’s conviction in the long-term viability and potential of Bitcoin as a strategic asset. This move is likely to further encourage other institutions to explore Bitcoin as a component of their investment portfolios, driving continued growth and adoption in the cryptocurrency market.
Source: crypto.news
The post MicroStrategy boosts Bitcoin holdings to 214,400 BTC with $7.8m purchase appeared first on HIPTHER Alerts.
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