{"id":9072,"date":"2022-06-23T21:09:29","date_gmt":"2022-06-23T14:09:29","guid":{"rendered":"https:\/\/fundgo.network\/khong-phan-loai\/jade-forest-capital-collaborated-with-fundgo-to-pour-100m-into-vietnamese-innovative-startups\/"},"modified":"2022-12-12T10:08:44","modified_gmt":"2022-12-12T03:08:44","slug":"jade-forest-capital-collaborated-with-fundgo-to-pour-100m-into-vietnamese-innovative-startups","status":"publish","type":"post","link":"https:\/\/fundgo.network\/en\/communication\/jade-forest-capital-collaborated-with-fundgo-to-pour-100m-into-vietnamese-innovative-startups\/","title":{"rendered":"Jade Forest Capital Collaborated with FundGo to Pour $100M into Vietnamese Innovative Startups"},"content":{"rendered":"
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ROAD TOWN, BRITISH VIRGIN ISLANDS \/ ACCESSWIRE \/ April 3, 2022 \/ <\/strong>On March 30, 2022, Jade Forest Capital and FundGo announced their $100M agreement in promoting the blockchain field in the Vietnamese and Asian market.<\/p>\n

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The collaboration of Jade Forest Capital and FundGo creates immense opportunities for young startups.<\/i><\/p>\n

In addition to its wide application in many industries, blockchain technology is also considered a fertile ground for Vietnam's startup ecosystem. For the past few years, the Vietnamese government has been more and more open to modern technologies, among which blockchain is given the highest priority. The Prime Minister's Decision No. 2117\/QD-TTg dated December 16, 2020 emphasizes the importance of the research, development, and application of blockchain for Vietnam to participate in the 4th Industrial Revolution, encouraging both official institutions and young entrepreneurs to fully exploit their ideas for the general growth of the country.<\/p>\n

Several reputed reports have identified Vietnam as one of the most robust markets with a high level of blockchain adoption and millions of potential institutional and individual investors. This huge capital, however, is being poured out to foreign projects while home-based ones are struggling to survive the intense competition. Vietnam is one of the greatest cradles for blockchain-based projects, yet, the inner resources are still limited, and lacking support from reputable backers and the international communities have been lowering the chance for them to succeed.<\/p>\n

During the course of the Binance Blockchain Week in Dubai, United Arab Emirates, the representatives of Jade Forest Capital and FundGo have met and discussed the pros and the cons of the Vietnamese market. The two parties have reached an agreement worth up to $100M to support blockchain startups in Vietnam as well as issue Ethereum investment certificates to popularize digital asset investment in this country.<\/p>\n