The Solana Foundation plans to invest over $10 million in the Web3 field in Brazil

The Solana Foundation announced the expansion of its operations to Brazil and plans to establish a team to promote local developers in leveraging the low-cost and scalable advantages of the Solana blockchain for application development. The Solana Foundation will also invest over $10 million in various fields of Brazil's Web3 ecosystem, including digital art, asset tokenization, and artificial intelligence.