Merkle 3s Capital, a venture capital fund aiming to be the first hybrid crypto fund originated from Hong Kong, has joined Core Venture Network. Core Venture Network, run by Core Foundation is a curated network of Web3 investors, including angels, accelerators, and venture capitalists, dedicated to nurturing the growth of Web3 builders at various stages of their development.
This partnership is set to create a more decentralized, inclusive, and innovative financial ecosystem. With Merkle 3s Capital’s expertise in decentralized finance (DeFi) and Core Venture Network’s commitment to deploying substantial funding across emerging markets, this collaboration promises to foster unprecedented growth and opportunities in the blockchain space.
Core Venture Network and Merkle 3s Capital will together offer funding opportunities, connecting innovators with stage-agnostic investors.
The Strategic Partnership
The partnership between Merkle 3s Capital and Core Venture Network is aiming to create a ripple effect across Web3 and the Bitcoin ecosystem by bringing together the strengths of both organizations, leveraging Merkle 3s Capital’s technical expertise and Core Venture Network’s financial acumen and strategic vision for BTCfi.
Key Objectives of the Partnership:
- Enhancing Financial Inclusion: The partnership aims to enhance financial inclusion by providing accessible and affordable financial services to underserved populations. By leveraging blockchain technology, Merkle 3s Capital and Core Venture Network aim to bridge the gap between traditional financial systems and both the unbanked and underbanked communities.
- Fostering Innovation: The collaboration will focus on fostering innovation within the blockchain ecosystem. By supporting cutting-edge projects and nurturing talent, Merkle 3s Capital and Core Venture Network aim to drive technological advancements that will shape the future of decentralized finance.
- Empowering Emerging Markets: With Core Venture Network’s substantial funding commitment, the partnership will prioritize projects that have a significant impact on emerging markets. By empowering local entrepreneurs and developers, Merkle 3s Capital and Core Venture Network aim to stimulate economic growth and create sustainable development opportunities in Africa, Latin America, and Southeast Asia.
- Building BTCfi: Merkle 3s Capital will leverage its expertise to develop scalable and secure DeFi solutions that can be implemented across various markets. By focusing on interoperability and user-centric design, the partnership aims to create solutions that are not only innovative but also practical and scalable.
Looking Ahead
The combined efforts of Merkle 3s Capital and Core Venture Network will pave the way for groundbreaking innovations in BTCfi, driving economic growth and social impact in regions that need it the most. Together, they are set to establish new standards for collaboration and innovation in Web3, inspiring others to follow suit and contribute to a more equitable and prosperous future.
About Merkle 3s Capital
Merkle 3s Capital is a leading force in the DeFi sector, dedicated to creating a decentralized future where financial services are accessible to everyone. Their mission is to build robust, secure, and scalable DeFi solutions that empower individuals and communities worldwide. By leveraging cutting-edge technology and innovative strategies, Merkle 3s Capital aims to redefine traditional financial systems, making them more transparent, efficient, and user-centric.
About Core Chain
The Core blockchain network is a Bitcoin-powered layer-one blockchain for EVM-Compatible smart contracts. With 50% of Bitcoin mining hash power contributing to Core’s security and over 2,000 BTC natively staked in exchange for unlocking Bitcoin utility and rewards, Core is the most Bitcoin-aligned EVM blockchain (BTCfi, Bitcoin staking, and more). This breakthrough has amassed a massive community of 2.3M Twitter followers and 265k Discord members which has translated into millions of Core adopters, over 18M unique addresses and 252M transactions since its mainnet launch in January 2023.
