MEXC Ventures Launches IgniteX: A $30 Million Initiative to Foster Web3 Talent and Innovation
Victoria, Seychelles, April 21, 2025 — MEXC Ventures, has announced a $30 million allocation to support Web3 talent and accelerate innovation across the decentralized ecosystem. The investment initiative foresees a 5-year span and is part of the broader Corporate Social Responsibility effort by MEXC Ventures, 'IgniteX,' in line with its global strategy of fostering sustainable blockchains through support and empowerment of young talents.
The purpose of the initiative undertaken by MEXC Ventures is to create a launchpad program that will serve as a hotbed for talent nurturing and idea development. MEXC will work closely with the institute on blockchain development, academic exchanges, and talent cultivation. MEXC Ventures encourages submissions from early-stage Web3 startups, research initiatives, developer communities, and academic institutions working on decentralized infrastructure, AI-integrated blockchain solutions, stablecoins, and fintech tools. MEXC Ventures aims to include mentorship, educational efforts, and funding as part of the program to create a future-ready blockchain ecosystem, thus ensuring a smooth transition for the next generation of users into Web3 and preparing a willing, enthusiastic, and well-trained pool of leaders to develop it further.
The impact-driven campaign will entail a comprehensive and multi-pronged approach that includes several key elements. The foundation will be the $30 million pledge, which will serve to fund education, project support, and development initiatives. The second part of the campaign will focus on organizing hackathons and developer engagement programs in the form of global events to identify and support emerging talents.
Education will form a major part of the campaign, with university scholarships and blockchain courses offered through partnerships with academic institutions. This step is crucial to making blockchain technologies and the underlying coding and programming languages more accessible to a greater number of potential developers and IT students. Mentorship programs will be launched in tandem to make sure talents have access to adequate training, event participation, and the experience of current Web3 leaders.
Lastly, strategic sector support will be implemented to ensure that funding is provided to promising projects. Special focus will be placed on initiatives developing stablecoins, AI-based solutions, and blockchain infrastructure elements.
As a CSR initiative, 'IgniteX' adheres to achieving strategic objectives, which are based on building a pipeline of high-potential Web3 startups with early MEXC involvement for future cultivation and capitalization. This will have a positive impact on brand recognition for MEXC and position it as a strategic and valuable contributor to the development of Web3 space. The campaign will also help foster cross-border collaboration among all participants of the blockchain sector and promote diversity and inclusion based on shared blockchain values.
Through 'IgniteX', MEXC Ventures aims to create an impact on the global Web3 ecosystem by empowering potential future leaders and developers through education and responsible mentorship.
About MEXC Ventures
MEXC Ventures is a comprehensive fund dedicated to driving innovation in the cryptocurrency sector through investments in L1/L2 ecosystems, strategic investments, M&A, and incubation. Upholding the principle of 'Empowering Growth Through Synergy,' MEXC Ventures is committed to supporting innovative ideas and active builders.
MEXC Ventures is an investor and supporter of TON and Aptos, and looks forward to staying at the forefront of TON and Aptos innovations while actively engaging with builders to drive ecosystem growth.
For more information, visit: MEXC Ventures Website
TIME BUSINESS NEWS
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
3 days ago
- Yahoo
Jellybean™ Partners with Callaway to Reimagine Publishing for the Digital Age on Aptos
Jellybean™, Aptos, and Callaway launch Ely Callaway's digitally enhanced memoir "The Unconquerable Game." Each physical book features QR codes unlocking AI-narrated audiobooks, exclusive videos, and evolving digital content, transforming physical products into interactive digital portals and demonstrating mainstream blockchain adoption through real-world Courtesy of Jellybean™ NEW YORK, June 06, 2025 (GLOBE NEWSWIRE) -- In a landmark collaboration, Jellybean™, Aptos, and Callaway Arts & Entertainment are transforming how consumers interact with physical products, starting with books. The upcoming memoir titled 'The Unconquerable Game: My Life in Golf & Business' by Callaway founder Ely Callaway will launch as the first digitally enhanced memoir powered by Jellybean™'s interactive product platform, built on the Aptos, the next-generation Layer 1 blockchain. This partnership marks a turning point for the publishing industry, where print becomes a living digital portal. A Smart Book for a New Era Each copy of 'The Unconquerable Game: My Life in Golf & Business' features a unique Jellybean™ QR code embedded inside the book. When scanned, readers unlock an evolving digital experience, including: the world's first AI-narrated audiobook delivered in Ely Callaway's voice, never-before-seen archival videos, personal interviews, and behind-the-scenes content, and collectible digital memorabilia tied to Callaway's iconic golf legacy. But it doesn't stop there. The book acts as a daily interactive portal, inviting readers back again and again to explore new content—from exclusive golf tips and motivational quotes to rotating media pulled from Callaway's personal archives. This memoir is designed to grow with its reader, long after the last page. 'This launch shows what's possible when iconic brands embrace innovation,' says Bart Lipski, CEO & co-founder of Jellybean™. 'We're proving that physical products don't have to be static. They can evolve, respond, and surprise. With Callaway, we've built something that keeps the conversation going long after the last page.' Why the Book Matters This isn't just about books—it's about the future of brand engagement. Jellybean™ is laying the foundation for a new standard, where every product, from books to golf clubs to fashion to CPG, can unlock immersive digital experiences. By bringing real blue-chip brands like Callaway unto Aptos, Jellybean™ is helping drive mainstream blockchain adoption, not through hype, but through real-world utility and seamless customer experiences. 'This is what real adoption looks like, on-chain experiences embedded in everyday objects, powered by composable infrastructure and seamless UX,' said Ash Pampati, Head of Ecosystem at Aptos Foundation. 'Jellybean™ is abstracting away the unnecessary friction while preserving the magic of Web3.' Callaway's memoir is just the beginning. With a modular CMS and enterprise-ready backend, Jellybean™ enables brands to launch powerful digital layers on top of physical products, without the friction of Web3 complexity. 'The Unconquerable Game: My Life in Golf & Business' will be released globally, featuring Jellybean™-powered access. Pre-orders are available via Amazon and major booksellers. For partnership inquiries or to experience a Jellybean™ demo, please contact:hello@ About Jellybean™ Jellybean™ is a SaaS platform and the emerging global standard for connecting brands with their end customers through product digitization. Co-developed with Aptos and powered by on-chain infrastructure, Jellybean™ delivers trust, authenticity, and insight at scale, enabling any product to become a dynamic digital touchpoint. Think of it as the Shopify for product digitization. Please visit for more information. About Aptos Aptos is a next-generation Layer 1 blockchain. Aptos' breakthrough technology, scalable infrastructure and user safeguards are designed to power the next generation of financial systems by offering unparalleled high throughput and low latency that can scale to billions of users. Contact Details: Contact person: Bart LipskiCompany: JellybeanEmail: bart@ in to access your portfolio
Associated Press
3 days ago
- Associated Press
Armenia's .AM Domain Comes On-Chain via WebUnited: Live Reveal and Workshop at ICANN 83 in Prague
WebUnited will host two exclusive Web3 workshops during ICANN 83 in Prague. Tailored for registrars, registries, and digital identity innovators, the sessions will take place on June 10 and June 11 from 16:00 to 18:00 CEST at the Grand Hotel Prague Towers, 24th Floor, followed by drinks, canapés, and skyline networking. PRAGUE, CZ / ACCESS Newswire / June 6, 2025 / In a landmark moment for the global domain name industry, Armenia Domains has announced that the country's .am ccTLD is now being mirrored on-chain in collaboration with WebUnited, signaling a major step toward DNS and blockchain integration. 'Bringing .am on-chain is more than a technical upgrade - it's a strategic move to keep ccTLDs future-ready,' said Nick Cervantes, CEO of 'We're proud to be among the first to enable blockchain functionality through DNS infrastructure, and we believe this is just the beginning.' Workshop Agenda: DNS Domains Meet Web3 Utility WebUnited's mission is simple: enable registrars to add Web3 functionality to any DNS domain name, without disrupting existing systems. These sessions will demonstrate how domains can now: • Function as human-readable crypto wallet addresses • Act as a Web3 identity anchor • Help registrars unlock new revenue streams and retain users in a rapidly evolving ecosystem Live Demo Highlights: • Step-by-step domain mirroring on-chain • Connecting crypto wallets to domain names • Viewing mirrored domains in MetaMask No prior Web3 experience needed. The format is designed to be light, hands-on, and interactive, with experts available for more in-depth technical questions. Featured Panel: Real Voices, Real Insights Each session will include a 30-minute panel discussion with industry experts, including: • Nick Cervantes, CEO of shares how the .am ccTLD is moving on-chain • Daniel Greenberg, CEO of Lexsynergy, on how registrars are preparing brands for Web3 • Gherardo Varani, Head of Business Development at Freename, on adoption trends across Web3 users • Moderated by Kathy Nielsen, domain expert and industry advisor 'WebUnited isn't just building tools - it's building bridges between two powerful worlds,' said Lars Jensen, CEO of WebUnited. 'We're helping registrars future-proof their offering and stay relevant in the age of blockchain, without needing to start from scratch.' Networking Reception After each workshop, guests are invited to unwind with drinks, canapés, and conversations overlooking the Prague skyline - all from the stunning 24th floor of the Grand Hotel Prague Towers. Seats are limited - register early to secure your spot. Reserve your seat now About WebUnited WebUnited empowers domain name registrars to offer Web3 functionality by mirroring DNS domains on-chain. This enables registrants to use their existing domain names for blockchain identity, wallet naming, decentralized publishing, and more, with zero disruption to their Web2 presence. Media Contact [email protected] Contact InformationEshan Pancholi SOURCE: WebUnited press release
Yahoo
3 days ago
- Yahoo
May in Review: 13 Top Finance Press Releases
A roundup of the most newsworthy financial press releases from PR Newswire, including a rebound in consumer confidence and corporate responses amidst tariff uncertainty. NEW YORK, June 6, 2025 /PRNewswire/ -- With thousands of press releases published each month, it can be difficult to keep up with everything on PR Newswire. To help finance journalists and consumers stay on top of the month's most popular releases and newsworthy trends, here's a recap of some of the past month's most read- and engaged-with stories. The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that are available for download. US Consumer Confidence Partially Rebounds in MayConsumers' pessimism about the future moderates after surging in April. According to the Conference Board Consumer Confidence Index®, May's rebound in confidence is broad-based across all age, income and political affiliation groups. Chainlink, Kinexys by J.P. Morgan, and Ondo Finance Team Up to Bring Bank Payment Rails to Tokenized Asset Markets"The demonstrated cross-chain solution is a testament to what can be achieved through strong collaboration across diverse segments of the Web3 ecosystem, and we are pleased to have worked with Ondo and Chainlink to bring this to life as the first transaction on Ondo Chain testnet," said Nelli Zaltsman, Head of Platform Settlement Solutions, Kinexys Digital Payments at Kinexys by J.P. Morgan. PNC Bank Agrees to Acquire Aqueduct Capital Group to Complement Harris Williams Capabilities"This acquisition is complementary to existing capital advisory capabilities provided through PNC's subsidiary Harris Williams and will enable us to expand our ability to serve the global capital needs of the private equity industry," said Michael D. Thomas, head of Corporate & Institutional Banking at PNC. Bain & Company forms global partnership with Palantir to deliver high impact, end-to-end AI transformations for clientsThe partnership enables clients worldwide to accelerate AI-driven productivity gains with enhanced speed and efficiency through Palantir's cutting-edge enterprise AI platforms, yielding tangible impact in weeks. DeFi Technologies Begins Trading on Nasdaq, Announces Shareholder Call to Discuss Q1 2025 Financial ResultsUpon commencement of trading on Nasdaq, the Company's Common Shares will cease to be quoted on the OTC Markets. DeFi Technologies will continue to trade on the CBOE Canada and the Börse Frankfurt exchanges. Parkland Corporation to be Acquired by Sunoco LPSunoco LP and Parkland Corporation have entered into a definitive agreement whereby Sunoco will acquire all outstanding shares of Parkland in a cash and equity transaction valued at approximately U.S.$9.1 billion, including assumed debt. Hometown Food Company, a Brynwood Partners Portfolio Company, Agrees to Acquire the Chef Boyardee® Brand from Conagra Brands, $600 million transaction includes the 820,000 square foot facility in Milton, PA, as well as all assets and operations dedicated to the Chef Boyardee brand. The transaction is expected to close in the second quarter of 2025, subject to customary U.S. regulatory review. Hall of Fame Resort & Entertainment Company Enters into Definitive Agreement for Going Private TransactionUnder the terms of the agreement, HOFV Holdings, LLC will acquire all outstanding shares of the Company's common stock not currently owned by IRG and its affiliates for $0.90 per share in cash. Upon completion of the transaction, the Company's common stock and warrants will no longer be listed on any public stock exchange. Deerfield Management Closes Over $600 Million Healthcare Venture FundThe Deerfield Healthcare Innovations Fund III, a fund of over $600 million, will invest in promising therapeutics, improvements to healthcare delivery, and paradigm-shifting technologies. HUB Secures Significant Minority Investment and Reaches New Milestone with $29 Billion Valuation Demonstrating Confidence in the Company's Sustainable Top Tier Organic GrowthHub International Limited (HUB), a leading global insurance brokerage and financial services firm, has entered into a definitive agreement for a minority common equity investment of approximately $1.6 billion, valuing HUB at a $29 billion total enterprise valuation. Guardian adds over 20 new and innovative benefits to its hospital indemnity insurance policy, designed to inspire well-being®Guardian's enhanced hospital indemnity insurance policy becomes one of the industry's most comprehensive offerings, going further to support workers' mental, physical, and financial well-being needs. As part of these additions, Guardian becomes the first carrier to include fertility health, family-building, and caregiving wellness solutions directly in hospital indemnity insurance. Strive Asset Management to Combine with Asset Entities to Form First Publicly Traded Asset Management Bitcoin Treasury CompanyThe combined company will operate under the Strive brand, remain listed on NASDAQ, and become a public Bitcoin Treasury Company, aiming to maximize Bitcoin exposure per share over the long run, including through novel financial strategies not previously used by other Bitcoin treasury companies, to maximize value accretion for common equity shareholders. Finastra to Sell Treasury and Capital Markets Division to Apax FundsUpon completion of the transaction, Finastra's Treasury and Capital Markets (TCM) business will be rebranded and operated as a standalone business. With a client base of over 340 financial institutions, TCM is a trusted enabler of risk management, regulatory compliance, and capital markets operations. For more news like this, check out all of the latest finance-related releases from PR Newswire. Trending Topics Among the finance news that was distributed in May, the PR Newswire team was able to spot several larger stories that highlight the trends shaping the industry. Corporate Tariff Tactics: Press releases throughout May showcased how businesses transformed tariff challenges into strategic opportunities and innovative corporate responses. Gap International launched "Lightning in a Bottle" to help executives deliver results amidst uncertain markets, while consulting firms Kearney and J.S. Held both capitalized on demand by launching comprehensive tariff impact solutions. The corporate adaptation was swift and decisive—80% of corporations reported reworking ESG strategies amid policy shifts and 73% of HR leaders expressed confidence in their ability to navigate the tumult, according to survey results published by The Conference Board. Summer Spending Shift: As the start of summer travel kicked off, American consumers faced financial contradictions this May, according to multiple industry studies. Deloitte found that people plan to travel more this summer while simultaneously cutting back on spending, a trend reflecting careful consumer prioritization. Generali Global Assistance's 2025 Holiday Barometer revealed Americans are seeking "meaningful getaways closer to home," suggesting a shift toward value-conscious vacation planning. Meanwhile, data from Trustpilot's 2025 Summer Spending Survey echoed similar patterns, emphasizing consumer's sense of financial caution this summer. Small Biz Spotlight: National Small Business Week showcased a plethora of innovative financing and specialized services. ADP celebrated with insights from nearly 18,000 small business owners who stayed confident amid uncertainty. Comerica Bank swung big with a $250,000 contribution to community organizations while Progressive drove small business forward with $1 million in commercial vehicle grants. Consulting IQ offered free access to its AI digital business platform and Iris® Powered by Generali launched identity and cyber protection bundles specifically for small business owners. The Most Entrepreneurial Cities of 2025 research proved size doesn't matter when accessing capital and innovation, despite new data from the National Small Business Association revealing economic uncertainty weighs heaviest on small business decision-making. Do you have a finance press release to distribute? Sign up with PR Newswire to share your story with the audiences who matter most. Helping Journalists Stay Up to Date on Industry News These are just a few of the recent press releases that consumers and the media should know about. To be notified of releases relevant to their coverage area, journalists can set up a custom newsfeed with PR Newswire for Journalists. Once they're signed up, reporters, bloggers, and freelancers have access to the following free features: Customization: Users can create customized newsfeeds that will deliver relevant news right to their inbox. Newsfeed results can be targeted by keywords, industry, subject, geography, and more. Photos and Videos: Thousands of multimedia assets are available to download and include in a journalist or blogger's next story. Subject Matter Experts: Journalists will have access to ProfNet, a database of industry experts to connect with as sources or for quotes in their articles. Related Resources: Our journalist- and blogger-focused blog, Beyond Bylines, features regular media news roundups, writing tips, upcoming events, and more. About PR Newswire PR Newswire is the industry's leading press release distribution partner with an unparalleled global reach of more than 440,000 newsrooms, websites, direct feeds, journalists and influencers and is available in more than 170 countries and 40 languages. From our award-winning Content Services offerings, integrated media newsroom and microsite products, Investor Relations suite of services, paid placement and social sharing tools, PR Newswire has a comprehensive catalog of solutions to solve the modern-day challenges PR and communications teams face. For 70 years, PR Newswire has been the preferred destination for brands to share their most important news stories across the world. For questions, contact the team at View original content to download multimedia: SOURCE PR Newswire Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
