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Zenger
Zenger
Technology
Murtuza Merchant

Mantle Network Plans $200M Fund To Boost Ethereum Adoption

Mantle Ethereum
Bitcoin physical commemorative coin, June 22, 2023, Yichang, Hubei, China. Mantle Network, an Ethereum (CRYPTO: ETH) layer-2 network, is voting to form a $200 million ecosystem fund. PHOTO BY COSTFOTO/GETTY IMAGES 

Mantle Network, an Ethereum (CRYPTO: ETH) layer-2 network, is voting to form a $200 million ecosystem fund.

The so-called Mantle EcoFund will focus on developer and decentralized applications (dApps) adoption. It will consist of $100 million USDC from the Mantle Treasury and an expected matching capital of $100 million from various venture partners.

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