Coin98 Ventures Rebrands to Arche Fund to Support Web3 Ecosystem
Coin98 Ventures, the venture arm of Coin98 Finance, has undergone a rebranding to become Arche Fund. The purpose of this rebrand is to refocus the firm’s efforts on supporting emerging ideas and businesses in the Web3 ecosystem. Arche Fund has a multi-tiered strategy for Web3 support, which includes venture capital investments, a Web3-specific acceleration program, and dedicated funding for groundbreaking ideas. The fund aims to provide tailored financial backing and resources to meet the needs of each project. Prior to the rebrand, Coin98 Ventures had a successful investment record, collaborating with the Solana Foundation and investing in over 30 Web3 companies and protocols.
Main Points:
- Arche Fund is the rebranded version of Coin98 Ventures.
- The firm’s focus is on supporting emerging ideas and businesses in the Web3 ecosystem.
- The fund has a multi-tiered strategy, including venture capital investments, a Web3-specific acceleration program, and dedicated funding for groundbreaking ideas.
- Prior to the rebrand, Coin98 Ventures had a successful investment record, including collaborations with the Solana Foundation.
- Arche Fund aims to provide tailored financial backing and resources to meet the specific needs of each project.
Hot Take:
Arche Fund’s rebranding to refocus on the Web3 ecosystem shows the firm’s commitment to supporting the future of decentralized technologies. By offering a range of support services and tailored financial backing, Arche Fund aims to become a trustworthy cornerstone for Web3 builders. With its multi-tiered strategy and successful investment record, Arche Fund has the potential to become a key player in advancing the Web3 ecosystem and fostering mass adoption of Web3 technologies.
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