Leading Crypto Teams and Investors Launch $50 Million Cross-Chain Fund Powered by Wormhole

Leading Crypto Teams and Investors Launch $50 Million Cross-Chain Fund Powered by Wormhole


May 18, 2023 – Miami, Florida

Borderless Capital is the manager behind this new fund. Investors include Jump Crypto, Aptos Labs, Polygon Ventures, Solana Foundation, Algorand Foundation, GSR and Arrington Capital, among other institutions.

Over 20 blockchain teams and venture funds have teamed up to launch a $50 million cross-chain ecosystem fund focused on backing and growing new startups that leverage the Wormhole cross-chain messaging protocol.

The Cross-Chain Ecosystem Fund is being managed and operated by Borderless Capital, a leading venture capital firm in the Web 3.0 space.

Backed by top blockchain protocols, infrastructure providers and institutional investors, the fund aims to support cross-chain innovations that will drive the growth and adoption of the Web 3.0 industry.

The Cross-Chain Ecosystem Fund

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