Zetrix and Web3Labs launch Zetrix Global Accelerator Programme
PETALING JAYA, Malaysia, Feb. 19, 2024 /PRNewswire/ -- Zetrix, a leading layer-1 public blockchain platform by MY E.G. Services Berhad ("MYEG"), and Web3Labs Hong Kong, a Web3 development and investment powerhouse, today launched the Zetrix Global Accelerator Programme to incubate and nurture promising Web3 startups from all over the world with ecosystem support from Hong Kong's progressive Virtual Asset (VA) ecosystem. The programme will open for applications in early March 2024, and successful applicants will be announced during the 2024 Hong Kong Web3 Festival, scheduled for 6-9 April, 2024.
- The partners of the programme, namely Zetrix, Web3Labs, and Summer Capital, will also work towards securing regulatory approval for exchange-traded funds (ETFs) that are partially backed by tokens issued by participants in this programme.
- The launch of this accelerator follows an announcement in January that Zetrix, Web3Labs, and venture capital firm Summer Capital would form a strategic collaboration to establish Zetrix as the preferred blockchain infrastructure for Hong Kong government-aligned applications.
- As part of this initiative, a dedicated Global Accelerator Programme will incubate and nurture promising startups building applications on the Zetrix platform.
- Benefiting from a partnership with Web3Labs, the programme leverages Web3Labs' robust ecosystem network to facilitate connections with investment institutions, corporate partners, and industry experts.