Core Foundation has announced a $5 million Innovation Fund to advance India’s dApp ecosystem on Core Chain, the Bitcoin-secured and EVM-compatible blockchain. This fund aims to empower Web3 communities, enhance education, and provide vital support to founders and builders throughout India.

“India’s startup energy is unmatched, and its Web3 ecosystem is no exception, booming with over 450 startups and $1.3 billion in investments. Our goal is to empower Indian builders, spur dApp growth, and merge Bitcoin’s security with Ethereum’s flexibility. This initiative will open new doors and boost India’s crypto economy, with a focus on scaling Bitcoin and unlocking BTCFi,” said Shivangi Pandey, Core Contributor.

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