Bitget shortlists Indian web3.0 projects for funding round

According to an official release, Bitget, a cryptocurrency and Web3.0 company, has announced to shortlist top 10 projects that have applied for its startup pitch program under the Blockchain4Youth $10 million initiative.

“We plan to augment Web3.0 and crypto adoption throughout Asia. Blockchain4Youth initiative can provide development needed to accelerate this adoption and support new-gen developers,” Simran Alphonso, PR and communications lead, Bitget, explained.

With insights from a recent survey conducted by Bitget Academy observed that 46% of millennials own cryptocurrencies and GenZ and Millenials have the highest rate of crypto adoption among all population groups.