Gate Ventures, part of Gate.io, has committed 20 million USD to the BNB Incubation Alliance (BIA). This initiative by BNB Chain and Binance Labs focuses on supporting emerging blockchain startups with essential resources like mentorship and technical guidance.
The BIA aims to foster Web3 adoption, providing startups with co-investment opportunities and comprehensive support. Kevin Yang from Gate Ventures emphasizes the potential of BNB Chain’s ecosystem and their partnership’s impact on driving blockchain innovation.
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