PANews reported on January 24 that Web3Port released its 2024 year-end report, which comprehensively summarizes its layout and achievements in the Web3 field. In 2024, Web3Port added two new business segments, Web3Port Foundation and W3P Trading, which will form a synergistic effect with the original Labs accelerator business and promote the rapid development of the industry.

Among them, Web3Port Foundation was established in 2024 with an initial scale of US$100 million. It has invested in 46 projects with a total amount of approximately US$35 million, covering Infra, DeFi, AI, GameFi, Social and other tracks, and cooperated with Movement to launch a US$10 million ecological fund; at the same time, it joined 19 top institutions to establish the UAE VC Alliance to assist in the layout of the Middle East market.

Web3Port Labs served 78 acceleration projects throughout the year, assisted in financing 83 projects with a total financing amount of US$120 million, cooperated deeply with 16 star projects, and promoted the implementation of 30+ ecological cooperation projects. Its ecological network covers 3000+ startup projects, 700+ cooperative VCs, 20+ public chains and 60+ industry mentors, and further expanded its influence by hosting or participating in 12 industry events.

W3P Trading focuses on secondary market support and liquidity management. By 2024, it has cooperated on more than 30 projects with a trading volume of approximately US$100 billion, a total market value of US$20 billion, and a total investment of US$500 million. The cooperation projects include the top 30 star projects ranked by CMC, and customer satisfaction has reached 100%.

Through technological innovation, capital empowerment and ecological linkage, Web3Port will comprehensively promote the development of the Web3 industry in 2024, and will continue to empower innovative projects in the future to jointly build a Web3 ecological blueprint.