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KuCoin Makes a USD 100M Bet on Metaverse
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The investment and research arm of KuCoin exchange, KuCoin Labs, has launched a USD 100m fund to support metaverse-related projects and promote the metaverse education programs, assisting the public - particularly the younger generation - get acquainted with this new concept.
Dubbed 'KuCoin Metaverse Fund,' the investment is aimed to support early-stage projects in metaverse, GameFi ('gaming' + 'DeFi' (decentralized finance)), non-fungible tokens (NFTs), and decentralized infrastructure.
"As the
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