MEXC has launched a multimillion-dollar fund to support the Aptos ecosystem, which will finance hackathons, invest in startups, and support MOVE developers. According to MEXC Vice President Tracy Jin, Aptos attracts developers with its high-performance infrastructure and innovations like Block-STM.
The fund has already invested in two projects: Aries Market, the largest DeFi platform on Aptos with a full suite of financial services, and Amnis Finance, a liquid staking protocol that increases the yield of APT tokens. The fund also supports the Aptos Code Collision hackathon to find and support promising new projects.