Pump.fun announces the establishment of its investment division, Pump Fund
BlockBeats News, January 20, Pump.fun announced the establishment of its investment division, Pump Fund. This fund aims to promote the development of early-stage projects within its ecosystem by establishing long-term partnerships with projects.
The first initiative of Pump Fund is the launch of a $3 million BiP Hackathon: with a valuation of $10 million, it will invest $250,000 in each of 12 projects, and provide selected projects with guidance and various support from the Pump.fun founding team.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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