Cryptocurrency exchange Bitget has closed a $100M fund to invest in Web3 companies.

 

Cryptocurrency exchange Bitget has closed a $100M fund to invest in Web3 companies.   The company has raised over $120M since its inception in 2018. Bitget is a cryptocurrency exchange and digital asset trading platform. The platform has over 8 million users. The fund will be deployed mostly toward Web3 companies based in Asia. Bitget recently raised a $10M funding round to invest in product development and growth. Bitget has partnerships with the football team F.C. Juventus and Lionel Messi.