Wu said that according to Bloomberg, Seoul-based crypto venture capital firm Hashed Ventures is expanding its business to Abu Dhabi through a new partnership with Hub71, a global technology ecosystem in Abu Dhabi, UAE. Hashed Ventures CEO Simon Kim said that Hashed Ventures plans to open a local office in Abu Dhabi and is considering opportunities to raise funds in the city. Hashed has invested in Yuga Labs, dYdX, Axie Infinity and TerraUSD, among others.