Jsquare announced in the US the release of its first LP fund, Pioneer Fund's first phase, with a scale of 50 million US dollars

On March 12, at ETHDenver in the United States, during the side event Proof of Brew: Tasting the Crypto hosted by Jsquare, Mr. James Wo, co-founder of Jsquare and Venture Partner of Pioneer Fund announced on behalf of Jsquare that its first LP fund Pioneer Fund Phase I was officially launched. The first phase fund has a scale of 50 million US dollars and focuses on investment tracks such as AI, consumer applications, RWA, DeFi, PayFi and other Web3 fields. Ms. Joanna, Founding Partner of Jsquare introduced: "The launch of the Jsquare Pioneer Fund is a milestone in our efforts to promote the growth process of the entire blockchain ecosystem. It signifies open and compliant operation for funds which fully caters to market expansion trends. We are delighted to collaborate with high-potential projects like RWAs and consumer applications because we believe these areas offer significant opportunities for growth. Our commitment goes beyond providing funding for these projects; we also strive to provide guidance using our global network and resources to help them become industry leaders."