The post Pump.fun unveils venture unit focused on startup funding appeared on BitcoinEthereumNews.com.

The popular Solana-based cryptocurrency platform Pump.fun launched its new investment arm, Pump Fund, on Tuesday. The firm stated that the new investment arm will be used for funding startups.  Pump.fun hopes its new investment arm will advance the platform’s startup ecosystem by aligning with projects for the long term. The firm also introduced its $3 million Build in Public Hackathon. Pump.fun introduces its $3M Build in Public Hackathon The digital asset launchpad revealed that its first initiative will be the BiP Hackathon. The hackathon was established to fund 12 projects with $250,000 at a $10 million valuation. The firm also stated that the funds are aimed at giving mentorship with Pump.fun’s founders and more. The firm acknowledged that the hackathon is different due to its tokenization initiative. It said that the initiative allows the market to be the judge, rather than projects having to please VCs for funding. The cryptocurrency launchpad maintained that users of the 12 funded projects will fund the projects by betting on them early.  “This framework creates a new path for founders who would otherwise lack access to capital, and a new way for early supporters to participate at the very beginning of a project‘s lifecycle.” –Alon, Co-Founder of Pump.fun. The new investment arm also comes with a flurry of eligibility requirements for projects. Participants will be required to build a project and launch a token on the digital asset launchpad.  They are required to own at least 10% of the token’s supply. Participants are also required to build in public for transparency, with Pump.fun encouraging posting on X and forming a Community & Streaming initiative. Introducing the $3,000,000 Build in Public Hackathon Brought to you by Pump Fund – pump fun’s New Investment Arm It’s time to completely reimagine how early-stage projects are built and…

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Filed under: News - @ January 20, 2026 8:28 am