Odaily Planet Daily reports that digital asset service platform BTC GLOBAL recently announced its core business progress and future plans. It is reported that the platform's exchange function will be officially launched around September 19, 2024.

According to official disclosures, BTC GLOBAL will soon launch a phased issuance plan for its platform and governance tokens. Specific rules and economic models have yet to be released. Simultaneously, the platform has officially established BTC GLOBAL Labs and set aside a $50 million fund to incubate Web3 projects over the next three years, focusing on innovative projects in areas such as developer tools and decentralized applications.

BTC GLOBAL stated in the announcement that this move aims to promote the application of Web3 technology and infrastructure construction through resource integration and ecological support.