Amber Group launches incubation research department Amber Labs and ecological fund Amber Eco Fund

ChainCatcher news, digital asset service company Amber Group announced the launch of its incubation and research department Amber Labs and the ecological fund Amber Eco Fund to promote the development of the Web3 ecosystem.

It is reported that the Amber Eco Fund is the first actively managed equity investment product offered by Amber Labs to investors, supported by several sovereign wealth funds and family offices in the Asia-Pacific region. The program primarily focuses on providing seed investments for early-stage companies, including Web3 infrastructure, as well as applications such as DeFi, blockchain gaming, and decentralized social networks. (source link)