According to BlockBeats, on August 1, according to official news, OKX Ventures, the investment department of OKX, and the Aptos Foundation jointly announced today the launch of a new $10 million fund to support the development of the Aptos ecosystem and the widespread adoption of Web3.

The fund will be used to develop an accelerator program, operated in partnership with Ankaa, designed to foster the growth of quality projects and applications built on Aptos. The accelerator will provide selected Aptos ecosystem projects with venture funding support, focused mentoring, market exposure, and a broad network of experts from the OKX team, Ankaa, and the Aptos Foundation.