New Arc Builders Fund by Circle Ventures to back early-stage projects on the Arc blockchain for web-native financial products.

Circle Ventures has recently launched the Arc Builders Fund, aiming to provide assistance to early-stage ventures operating on the Arc blockchain. This initiative is geared towards stimulating creativity in internet-native financial products and services. Through this fund, startups and projects will have the opportunity to receive vital support and resources to kickstart their endeavors and drive innovation in the sector. The fund is expected to allocate a significant amount for backing these projects, projected at approximately $5 million, serving as a catalyst for upcoming developments in the industry.