BGA Web3 Key Fund, jointly launched by the Asian Blockchain Association (ABA) and the Blockchain for Good Alliance (BGA), announced the completion of the $5 million fundraising, of which it is reported that cryptocurrency exchanges provided $2.50 million. As part of the BGA incubator program, the fund plans to support selected Web3 and cryptocurrency projects through incubation programs, while expanding into South East Asia and the Middle East. Applications for related funding programs have been opened.