{"id":36237,"date":"2021-02-10T20:33:01","date_gmt":"2021-02-10T18:33:01","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=36237"},"modified":"2025-08-29T05:19:50","modified_gmt":"2025-08-29T02:19:50","slug":"digital-finance-group-to-invest-20-million-in-polkadot-ecosystem-development","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/digital-finance-group-to-invest-20-million-in-polkadot-ecosystem-development\/","title":{"rendered":"Digital Finance Group to Invest $20 Million in Polkadot Ecosystem Development"},"content":{"rendered":"<p>The venture firm Digital Finance Group (DFG) announced the creation of a dedicated fund worth $20 million that will back projects in the Polkadot network.<!--more--><\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">\ud83d\udde3\ufe0fWe are pleased to announce our $20 Million \u00ab<a href=\"https:\/\/twitter.com\/Polkadot?ref_src=twsrc%5Etfw\">@Polkadot<\/a> Ecosystem Fund\u00bb<\/p>\n<p>Focused on assisting and promoting the top-tier projects of each sector being developed in this space.<a href=\"https:\/\/t.co\/jU8qTNDziz\">https:\/\/t.co\/jU8qTNDziz<\/a><\/p>\n<p>\u2014 Digital Finance Group (@DFG_Group) <a href=\"https:\/\/twitter.com\/DFG_Group\/status\/1358958194438017024?ref_src=twsrc%5Etfw\">February 9, 2021<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<div id=\"attachment_124591\" style=\"width: 575px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-124591\" class=\"wp-image-124591 size-full\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Clipboard-February-10-2021-8_00-PM.png\" alt=\"Digital Finance Group \u043d\u0430\u043f\u0440\u0430\u0432\u0438\u0442 $20 \u043c\u043b\u043d \u043d\u0430 \u0440\u0430\u0437\u0432\u0438\u0442\u0438\u0435 \u044d\u043a\u043e\u0441\u0438\u0441\u0442\u0435\u043c\u044b Polkadot\" width=\"565\" height=\"433\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Clipboard-February-10-2021-8_00-PM.png 565w, https:\/\/u1f987.com\/wp-content\/uploads\/Clipboard-February-10-2021-8_00-PM-300x230.png 300w\" sizes=\"auto, (max-width: 565px) 100vw, 565px\" \/><\/p>\n<p id=\"caption-attachment-124591\" class=\"wp-caption-text\">List of projects for investments by the Polkadot Ecosystem Fund. Data: DFG.<\/p>\n<\/div>\n<blockquote>\n<p>\u201cScalability and interoperability of Polkadot will spur mass adoption of blockchain technology. The experience and qualifications of the founders and developers distinguish this network from the rest of the projects,\u201d said Digital Finance Group founder James Wo.<\/p>\n<\/blockquote>\n<p>Digital Finance Group has invested a total of $550 million, including in the development of Bitcoin, Cosmos, Ethereum Classic, Ethereum, Near, Solana and Avalanche. Its portfolio includes stakes in companies such as Ledger X, Bloq, Circle, ChainSafe, RSK and Brave.<\/p>\n<p>In February, DFG <a href=\"https:\/\/u1f987.com\/en\/news\/binance-labs-leads-2-4-million-funding-round-for-plasm-network\">took part in a financing round<\/a> of the Plasm Network platform, which entered the list of potential investments in the Polkadot ecosystem. Binance Labs led the round.<\/p>\n<p>Subscribe to ForkLog news on Telegram: <a href=\"https:\/\/t.me\/forkloglive\" target=\"_blank\" rel=\"nofollow noopener\">ForkLog FEED<\/a> \u2014 full feed, <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">ForkLog<\/a> \u2014 the most important news and polls.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The venture firm Digital Finance Group (DFG) announced the creation of a dedicated $20 million fund that will back projects in the Polkadot network.<\/p>\n","protected":false},"author":1,"featured_media":36238,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1461,1133],"class_list":["post-36237","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-polkadot-dot","tag-venture-investments"],"aioseo_notices":[],"amp_enabled":true,"views":"19","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/36237","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=36237"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/36237\/revisions"}],"predecessor-version":[{"id":36239,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/36237\/revisions\/36239"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/36238"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=36237"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=36237"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=36237"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}