
OKX Ventures, the investment arm of cryptocurrency exchange OKX, has partnered with the Aptos Foundation to launch a $10 million fund aimed at supporting the growth of the Aptos ecosystem and promoting the adoption of Web3 technologies. The initiative, named Ankaa, will serve as an accelerator program focusing on projects in various sectors including decentralized finance (DeFi), real-world assets (RWA), gaming, and artificial intelligence (AI). The first cohort of five companies is set to begin in September 2024. Jeff Ren, a partner at OKX Ventures, highlighted the potential of Aptos, particularly due to its innovative Move programming language, which enhances the security and efficiency of smart contracts in the DeFi space.
OKX Ventures is bringing the cash 💰 Stoked to share that @OKX_Ventures and Aptos have partnered to pool $10 million for an Aptos ecosystem fund and to kick off the @ankaalabs accelerator program. https://t.co/LIZexXbdsZ
Well said… “We see immense potential in @Aptos , particularly due to its use of the Move programming language – a game-changer for creating secure and efficient smart contracts in the DeFi space,” said OKX Ventures partner Jeff Ren, in a statement. https://t.co/eoXvSMjcyN
OKX Ventures and Aptos create accelerator and $10M ecosystem fund https://t.co/G0s6VPTft1 via @GamesBeat #OKXVentures #OKX #Aptos #web3games


