Browsing Tag
Web3
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Meet Christine Adolf, a woman Revolutionising Web3 Ecosystem with Coaching and Counselling Expertise
The Web3 ecosystem containing cryptocurrency and blockchain technology has become increasingly popular in recent years, attracting investors and…
Expanding footprint
Andrei Grachev, Managing Partner of DWF Labs, expressed that the company’s primary objective is to invest in and…
Hub71 in Abu Dhabi introduces a novel ecosystem to aid Web3 start-ups.
Abu Dhabi's Hub71, a global technology hub backed by the Abu Dhabi government and Mubadala Investment Company, has unveiled a new ecosystem called Hub71+ Digital Assets. The ecosystem is designed to accelerate the growth of Web3 startups, and will offer access to venture capital companies, customers, technology providers, blockchain platforms, and the regulator, the Abu Dhabi Global Market. The venture capital companies will offer a $2 billion investment to qualifying companies, with plans to further expand the investor network for digital assets.
Abu Dhabi invests $2 billion in Web3 and blockchain startups, signaling its commitment to the crypto industry.
Abu Dhabi, the capital of the United Arab Emirates, is making a bold move to cement its place as a global hub for cryptocurrency and blockchain technology. The city's technology sector has introduced a new initiative to finance Web3 startups, blockchain technologies, and metaverse applications, with a commitment of over $2 billion in capital.