Aptos Foundation and OKX Ventures have launched a $10 million fund to support Aptos blockchain projects. The fund, named Ankaa, aims to accelerate growth through mentorship, market exposure, and expert networks.
The initial focus areas include infrastructure, DeFi, gaming, social platforms, and AI. Jeff Ren from OKX Ventures praised the Move programming language for its security and efficiency in smart contracts.
Despite the positive news, APT token saw a 4% decline to $6.33, coinciding with the upcoming unlock of over 11.3 million APT tokens, which is 2.4% of its circulating supply.
