AP collaborates with Covalent Fund to aid Startups

Crypto News

The Andhra Pradesh State government had entered into a Memorandum of Understanding (MoU) with Covalent Fund as part of the Fintech Valley Vizag initiative. The partnership will lead to the launch of a blockchain university with the initial investment of $10 million. The IT Minister of the State said the partnership is aimed to establish ‘world-class sustainable blockchain ecosystem’ for the benefit of startups.

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