Aptos Foundation and OKX Ventures have announced the launch of a $10 million ecosystem and growth fund, aimed at accelerating projects built on the Aptos blockchain. This initiative will be operated in partnership with Ankaa, a Web3 incubator jointly run by Aptos, OKX, and ALCOVE. The program is designed to support selected projects with venture funding, mentorship, market exposure, and access to a network of experts from OKX, Ankaa, and Aptos Foundation.

The accelerator will focus on projects in infrastructure, DeFi, RWA, gaming, social, and artificial intelligence, which are critical to the Aptos ecosystem. Applications open in August, with the inaugural cohort starting in September. Jeff Ren of OKX Ventures highlighted Aptos’ Move programming language as a potential game-changer for DeFi, while Bashar Lazaar of Aptos emphasized the value of OKX Ventures’ network and expertise in fostering innovation within the Aptos ecosystem.