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VICTORIA, Seychelles, April 17, 2025 /PRNewswire/ -- MEXC Ventures, the investment arm of the globally leading cryptocurrency exchange MEXC, 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. The collaboration with Korea University's Blockchain Research Institute will mark the beginning of the "IgniteX" initiative, with more details to be unveiled in an upcoming official announcement. 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 under MEXC 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 in crypto.
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
VICTORIA, Seychelles, April 17, 2025 /PRNewswire/ -- MEXC Ventures, the investment arm of the globally leading cryptocurrency exchange MEXC, 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. The collaboration with Korea University's Blockchain Research Institute will mark the beginning of the "IgniteX" initiative, with more details to be unveiled in an upcoming official announcement. 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 under MEXC 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 in crypto.
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
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
MEXC Ventures Launches IgniteX: A $30 Million Initiative to Foster Web3 Talent and Innovation
DIRIYAH, Saudi Arabia, Jan. 12, 2026 /PRNewswire/ -- Stemming from the joint announcement made on December 9, 2024, regarding the launch of two Trump-branded developments in Riyadh, Dar Al Arkan in collaboration with Dar Global and The Trump Organization are proud to reveal the first of those landmark projects, The Trump International Golf Club, Wadi Safar, a sprawling 2.6 million square meter site in Wadi Safar, the exclusive masterplan being developed by Diriyah Company.
The site will be home to the Trump International Golf Club, Wadi Safar, a world-class gated community featuring a Trump-branded championship golf course, a luxury Trump hotel, and premium residences overlooking the region's dramatic wadis and the golf vistas. Trump International Golf Club, Wadi Safar will blend world-class hospitality, architecture, and lifestyle in a setting that pays tribute to the cultural and natural heritage of the Kingdom.
Eric Trump, Executive Vice President of The Trump Organization, said: "We are proud to expand our presence with this landmark development in Wadi Safar. Trump International Golf Club, Wadi Safar will redefine luxury and excellence in the region, setting a new standard that reflects the brand's enduring commitment to quality, prestige and timeless elegance. We look forward to creating a destination that complements the rich heritage of the region while delivering a global standard of luxury living."
Yousef Al Shelash, Chairman of Dar Al Arkan, said: "This new project represents a vision to deliver a destination that captures the prestige and the legacy of the Trump brand. With Dar Global leading the development, we are confident this will become a flagship destination not just for Saudi Arabia, but for the world."
Ziad El Chaar, CEO of Dar Global, added: "Dar Global is proud to collaborate with Diriyah Company and Dar Al Arkan on the development of Trump International Golf Club, Wadi Safar. We have delivered landmark projects across Europe and the GCC in partnership with globally recognized luxury brands. Bringing this experience to the Diriyah project, we will deliver a destination that combines heritage, elegance, and world-class standards, making Trump International Golf Club, Wadi Safar a truly iconic address."
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
DAR AL ARKAN, IN COLLABORATION WITH DAR GLOBAL AND THE TRUMP ORGANIZATION, TO DEVELOP TRUMP INTERNATIONAL GOLF CLUB, WADI SAFAR - THE FIRST OF TWO LANDMARK PROJECTS IN RIYADH
