KuCoin, an IDG Capital-backed cryptocurrency exchange based in the capital city of Seychelle Victoria, has launched its new incubator, research, investment, and incubation arm, Kucoin Labs, to empower the development of early-stage crypto projects.
KuCoin announced the news in a press release on Thursday, April 15. According to the announcement, as the first step, the KuCoin team has established a 50 million fund to find the next crypto gem and empower the development of early-stage crypto projects.
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