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Oasis Foundation Says Its Ecosystem Fund Is Now $235 Million

Share on X icon · Published 4 years ago on May 18, 2022 · Hassan Maishera

The Oasis Foundation announced via a Medium blog post on Tuesday that the Oasis Ecosystem Fund is now $235 million.

Oasis Foundation Says Its Ecosystem Fund Is Now $235 Million

The Oasis Foundation announced via a Medium blog post on Tuesday that the Oasis Ecosystem Fund is now $235 million. This latest development came after the team raised $35 million from various new investors including Newman Capital, Seven X Ventures and others. The Oasis Ecosystem Fund is dedicated to helping founders and projects build on the network to power future DApps, the Oasis Foundation added. 

Oasis Network is a decentralized blockchain network built by Oasis Labs that enables secure and private data-sharing and control. ROSE, the native token of the Oasis Network, is up by less than 1% in the last 24 hours and currently trades at $0.07810

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Hassan Maishera
Hassan Maishera Senior Reporter

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.