Holpop News

Solana Ventures and Solana Foundation announced a new $100 million fund to invest in Korean cryptostartups with a focus on gaming, NFT and DeFi.
“We’ve been working with Korean developers and actively investing in the ecosystem for some time now, which has helped us gain a deeper understanding of the Korean market. Korea is at the forefront of game design and development for Web3, and we’re focused on helping even more developers in Korea bring their ideas to life,” said Solana Foundation general manager of games Johnny Lee.
This is the first fund launched by Solana Ventures with a clear geographic focus.
Solana will also offer Korean developers help with product design and set up a consulting department in the region.