Web3Port released its annual report for 2024, introducing new business segments to promote the development of the Web3 industry.

Web3Port released its annual report for 2024, detailing its layout and achievements in the Web3 field. In 2024, Web3Port added two new business segments: Web3Port Foundation and W3P Trading, creating synergies with its existing Labs accelerator business to drive rapid industry growth. The Web3Port Foundation was established in 2024 with an initial scale of $100 million. It has invested in 46 projects, totaling approximately $35 million, covering areas such as infrastructure, DeFi, AI, GameFi, and social applications, and launched a $10 million ecological fund in collaboration with Movement. At the same time, it joined 19 top institutions to establish the UAE VC Alliance to assist in the Middle East market layout. Web3Port Labs served 78 accelerated projects throughout the year, assisted in financing 83 projects, with a total financing amount of $120 million. It engaged in deep collaborations with 16 star projects and facilitated the implementation of over 30 ecological cooperation projects. Its ecological network covers more than 3,000 startup projects, over 700 cooperative VCs, more than 20 public chains, and over 60 industry mentors, further expanding its influence by hosting or participating in 12 industry events. W3P Trading focuses on secondary market support and liquidity management. By 2024, it had collaborated with over 30 projects, with a trading volume of approximately $100 billion, a total market value of $20 billion, and total investments of $500 million. Collaborative projects include star projects ranked in the top 30 by CMC, achieving a customer satisfaction rate of 100%. Through technological innovation, capital empowerment, and ecological linkage, Web3Port will comprehensively promote the development of the Web3 industry in 2024 and continue to empower innovative projects to jointly build the Web3 ecological blueprint.