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Cake DeFi Launches $100M Venture Arm For Web3

Cake DeFi Launches $100M Venture Arm For Web3

The Singapore-based decentralized finance (DeFi) services firm Cake DeFi announced the launch of a $100 million venture arm dedicated to serving as accelerators for Web3, gaming, NFTs, metaverse, and other cryptocurrency initiatives. The newly launched entity, Cake DeFi Ventures, will fund crypto startups that complement the company’s core business.

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