Kucoin Labs Launches $100 Million Metaverse Investment Fund

Kucoin Labs Launches $100 Million Metaverse Investment Fund


Kucoin Labs, the investigative and investment arm of Kucoin, a cryptocurrency exchange, has launched a $100 million fund to incubate early metaverse related projects. These include blockchain gaming initiatives, NFT platforms, and decentralized platforms, among others. The support will also include direct involvement with the projects selected, including counseling about branding and marketing.

Kucoin Invests in Metaverse

Kucoin, one of the leading exchanges in Asia, has taken the first step to hop on the metaverse train. The investment and investigation arm of the exchange, Kucoin Labs, has launched a $100 million fund to invest in metaverse-based initiatives, including blockchain-based games, decentralized structures, NFT platforms, and other similar projects.

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The support of Kucoin won’t be limited to just economic incentives. These incubated projects will also get

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