Borderless Capital launches a $50 million Wormhole cross-chain ecosystem fund

ChainCatcher news, Wormhole announced that its ecosystem plan includes three components: Wormhole Accelerator, Cross-Chain Ecosystem Fund, and xGrant Program. Among them, Borderless Capital launched a $50 million cross-chain ecosystem fund to develop the next generation of Web3 applications. The Wormhole Accelerator Base Camp is a 12-week accelerator program aimed at projects, protocols, or startups looking to leverage Wormhole for development. This program is operated by Outlier Ventures, and participating teams can receive funding of up to $200,000. The Wormhole xGrant is open for applications from developers or teams.

Additionally, the Web3 asset data platform RootData shows that Wormhole is a decentralized universal messaging protocol that enables developers and users of cross-chain applications to leverage the advantages of multiple ecosystems.