X Layer has announced the launch of a $100 million ecosystem fund aimed at supporting blockchain development across various sectors, including DeFi, RWA, and payments. The initiative seeks to enhance the ecosystem by investing in public chains, wallets, and decentralized exchanges (DEXs).
In the DeFi sector, projects like Curve, Renzo, and QuickSwap are noted for their multi-chain deployments, while native DeFi projects are still emerging. For RWA, XLex is identified as an early-stage project. Although no specific payment projects have been highlighted, infrastructure like Layerzero and Wormhole cross-chain bridges are already in place. The fund aims to attract attention and drive total value locked (TVL) through robust product offerings.
X Layer Launches $100 Million Ecosystem Fund to Boost Blockchain Development
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