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Bitget to invest in Indian Blockchain Startups To Support the On-going Crypto Adoption Wave

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Bitget, the leading cryptocurrency derivatives and copy trading platform, has announced its strategic plans of investing in blockchain startups based in India, under its Blockchain4Youth (B4Y) $10 million Web3-focused project. The initiative kicks off on 6th November and will conclude on 4th December, 2023 at BUIDL for Web3India’s premier multi-chain summit, organized by Lumos Labs and BuidlersTribe, powered by Bitget. Indian startups will get the opportunity to pitch to Bitget and top VCs within the space during the event as a part of the initiative.

With this program, Bitget aims to identify valuable and promising projects in the crypto space and provide them with comprehensive support, accelerating innovation in emerging technologies. Under the Blockchain4Youth project, Bitget has adopted a 360-degree approach as it plans to invest $10 million through the initiative over the next 5 years.

BUIDL for Web3, aims to gather thousands of developers and founders to battle against the odds. The month long program consists of shortlisting over 100 startups to begin. Amongst which, only the top ten startups will stand to share their pitches with Bitget and renowned VCs such as Sequoia Capital, Lightspeed Ventures, Draper Labs and more.

India’s resilience and constant advancements towards blockchain and crypto makes it the most wanted place to invest in Asia currently. The talent, the entrepreneurial spirit, it’s everything celebratory and we’re here to empower it. With our Blockchain4Youth, we look forward to accelerating the next big fours of cryptospace,” said Gracy Chen, Managing Director at Bitget.

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Previously, through the B4Y Under 30 Virtual Hackathon, Bitget invested in Indian startups which made it to the winnings. This includes Grease Pencil – an AI based script writer, storyboard generator with frames and images for the entire script in seconds, HAIr – AI that helps via job description generation, extract essential keywords and details from both job descriptions and CVs, facial and audio analysis and data-driven candidate selection for HR and Derma360 – an AI enabled Dermatological app that makes analyzing skin conditions user-friendly and effortless.

The startup pitch program is open to all developers, entrepreneurs and founders based in India. The eligibility criteria to participate are as follows:-

  • The project should display a working minimal-viable product, with a real world use case.
  • Blockchain enthusiasts, developers and entrepreneurs are welcomed to showcase their products around DeFi, GameFi, Metaverse, NFTs, Tokenized ecosystems, Blockchain-AI solutions and more.
  • Projects should hold multiple layers of security functionalities and should be open for auditing

The rising interest of India’s youth into building blockchain based application bolsters the nation as one of the top hubs for development and talent. A recent study by Bitget Academy, Millennials and Gen Z representatives are the driving forces behind the development of a crypto’s future, with the former comprising 46% of crypto enthusiasts. With the launch of Bitget’s new initiative into the Indian market, the company aims to accelerate the on-going crypto adoption wave in the region .

“We have witnessed massive growth and retention within the crypto sector in India. The country has emerged as one of the global web3 leaders as it garners a rising interest in investments, from major web3 players worldwide. With the opportunity and exposure provided through Bitget’s program, Indian web3 startups have an exceptional opportunity to kickoff their journey and create sustainable web3 innovation.”, added Kaavya Prasad, Founder, Lumos Labs.

Blockchain

Blocks & Headlines: Today in Blockchain – April 25, 2025 | BitNile, Dutch Blockchain Week, Citigroup, Philippine Blockchain Week, D.O.G.E Foundation

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Blockchain’s metamorphosis from niche ledger technology to the backbone of Web3 has never been more evident. Today, we cover five stories that illustrate the evolving ecosystem: a gaming platform issuing its own token on Solana; Europe’s marquee Web3 summit; a major bank forecasting a “ChatGPT moment” for blockchain; a Southeast Asian conference aimed at busting crypto myths; and a foundation rebuilding blockchain from the ground up to solve scalability. Each development—whether product launch, industry gathering, macro forecast, educational initiative, or infrastructure innovation—offers a window into the trends shaping decentralized finance, NFTs, DeFi, and beyond.


1. BitNile.com to Launch Nile Coin on Solana

News Summary
Hyperscale Data’s subsidiary BitNile.com will introduce the Nile Coin on Solana starting May 1, 2025. The U.S.–based social gaming site chose Solana for its high throughput and low fees, aiming to enhance in-game economies, reward engagement, and deliver seamless micro-transactions. Details on tokenomics and governance are forthcoming, but management touts Nile Coin as a cornerstone of future gaming experiences.
Source: CoinTrus

Analysis & Commentary
Launching a proprietary token underscores two converging trends: the gamification of finance and finance-ification of gaming. By minting Nile Coin, BitNile.com taps into DeFi mechanics—staking, liquidity pools, NFT rewards—while leveraging Solana’s scalability. Strategically, BitNile.com positions itself for partnerships with NFT marketplaces and DeFi protocols, potentially opening secondary markets for in-game assets and generating new revenue streams beyond ad sales or subscription fees.

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2. Dutch Blockchain Week 2025 Gears Up in Amsterdam

News Summary
From May 19–25, Amsterdam will host the sixth annual Dutch Blockchain Week, culminating in the two-day summit (May 21–22) at De Meervaart. Tier 1 exchanges (Bitvavo, Kraken, Coinbase), Web3 pioneers (WOW.ai, Blockrise), regulators (European Commission, De Nederlandsche Bank), and industry partners (Mastercard, Deloitte) will convene. Side events range from AI-powered hackathons tackling compliance to padel networking meetups—underscoring the event’s blend of technology, policy, and community.
Source: Dutch Blockchain Week

Analysis & Commentary
Dutch Blockchain Week typifies the maturation of blockchain conferences into multidisciplinary forums. Beyond token talk and yield farming, panels on regulation, institutional adoption, and security reflect Web3’s integration into mainstream finance. Anticipate announcements on CBDC pilots, DeFi compliance frameworks, and cross-chain interoperability projects that may emerge from the Block & Order Hackathon.


3. Citigroup Predicts Blockchain’s “ChatGPT Moment”

News Summary
In an April 23 report, Citigroup analysts argue that 2025 could be blockchain’s “ChatGPT moment,” driven by regulatory clarity around stablecoins and integration with traditional financial systems. They forecast stablecoin market capitalization ballooning to $1.6 trillion (base case) or as much as $3.7 trillion (bull case) by 2030—anchored by dollar-denominated issuers and collateralized with U.S. Treasuries. Regulatory frameworks like the GENIUS Act could catalyze adoption among banks and fintechs.
Source: Cointelegraph

Analysis & Commentary
Drawing parallels to generative AI’s explosive growth, Citigroup envisions a tipping point where blockchain moves from experimental to essential infrastructure.  Successful integration will hinge on robust compliance tools, auditability, and clear governance models. Enterprise blockchain vendors should prepare for surging demand in tokenized payments, on-chain settlements, and embedded DeFi rails within legacy systems.


4. Philippine Blockchain Week 2025 Debunks Crypto Myths

News Summary
Scheduled for June 10–11 at SMX Convention Center Manila, Philippine Blockchain Week (PBW) 2025 will tackle misinformation and spotlight real-world use cases. Highlights include “Crypto, Unpacked” sessions demystifying the technology; “Smart Regulation” panels uniting policymakers and innovators; and “Blockchain for Impact” showcases on remittances, disaster relief, and digital identity. Founding President Donald Lim emphasizes government support and public–private collaboration to spur inclusive growth.
Source: UseTheBitcoin

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Analysis & Commentary
PBW exemplifies how emerging markets leverage education to accelerate Web3 adoption responsibly. By engaging regulators early, PBW can shape balanced frameworks that encourage innovation while protecting consumers—an instructive model for markets wrestling with both hype and skepticism.


5. D.O.G.E Foundation Launches New Blockchain, Opens Seed Round

News Summary
The D.O.G.E Foundation announced a ground-up blockchain rebuild designed to solve the scalability and reliability challenges plaguing existing networks. This modular architecture separates validation from execution to enable parallel transaction processing—targeting real-time gaming, DeFi under high load, and AI-driven applications. A seed funding round is now open to investors who share the vision of a performant, decentralized infrastructure.
Source: D.O.G.E Altcoin GlobeNewswire

Analysis & Commentary
As layer-1 congestion and high gas fees persist, new entrants must justify a “why now” with clear architectural advantages. If the D.O.G.E blockchain delivers real-world throughput and maintains decentralization, it could spur a renaissance of high-performance DeFi protocols and NFT platforms hungry for cost-effective base layers.


Conclusion & Key Takeaways

  1. Tokenization of Entertainment: BitNile’s Nile Coin on Solana highlights blockchain’s expansion into gaming economies and NFT reward systems.

  2. Convergence of Tech, Policy & Community: Dutch Blockchain Week showcases Web3’s evolution into an ecosystem engaging regulators, enterprises, and developers under one roof.

  3. Mainstream Inflection Point: Citigroup’s “ChatGPT moment” thesis suggests blockchain is poised for exponential adoption given regulatory support.

  4. Education as Catalyst: Philippine Blockchain Week’s myth-busting curriculum underscores the importance of public–private dialogue in emerging markets.

  5. Infrastructure Innovation: The D.O.G.E Foundation’s modular, high-throughput chain exemplifies the next wave of layer-1 networks addressing real-time, real-world use cases.

Today’s stories convey that blockchain’s next chapter will be written through strategic token launches, global convenings, regulatory clarity, educational outreach, and radical infrastructure redesign. By tracking these threads, industry participants can anticipate opportunities in DeFi, NFTs, Web3 games, and enterprise integration. Stay tuned for tomorrow’s Blocks & Headlines, where we’ll continue to decode the innovations shaping decentralized finance.

The post Blocks & Headlines: Today in Blockchain – April 25, 2025 | BitNile, Dutch Blockchain Week, Citigroup, Philippine Blockchain Week, D.O.G.E Foundation appeared first on News, Events, Advertising Options.

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Chameleon Finance Launches Green Finance Initiative to Advance Sustainable Digital Asset Infrastructure

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Ov Finance Upgrades Blockchain Infrastructure to Deliver Faster, Safer Digital Asset Trading

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