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Bitrise Capital Launches $100 Million Fund for BNB Chain Development

The blockchain-focused investment firm secured strategic support from Nasdaq-listed Nano Labs to back projects and infrastructure on the BNB Chain.

BNB

Summary

Bitrise Capital has unveiled a $100 million fund aimed at supporting quality projects and infrastructure development on the BNB Chain. The initiative has already attracted intent subscriptions and gained strategic backing from Nasdaq-listed Nano Labs. Bitrise Capital, founded in 2017, specializes in cryptocurrency and blockchain investments and currently manages over $500 million in assets.

Terms & Concepts
  • BNB Chain: A blockchain network developed by Binance that supports smart contracts and decentralized applications.
  • Nano Labs: A Nasdaq-listed technology company providing strategic support to blockchain initiatives.
  • Blockchain Infrastructure: The foundational technology and systems required to operate blockchain networks, including nodes, consensus mechanisms, and developer tools.