🚀 Hashgraph Group has obtained a fund management license in Abu Dhabi and launched a $100 million Web3 venture capital fund! 💡

On December 26, it was reported that Hashgraph Group, based in Switzerland, recently announced that its subsidiary Hashgraph Ventures Manager has successfully obtained a fund management license from the Abu Dhabi Global Market (ADGM). This means that Hashgraph Group will launch a Web3 venture capital fund of up to $100 million to provide financial support for global Web3 startups! 🌍

🔹 Fund Highlights:

Seed Capital: Hashgraph Group has invested $20 million from its own funds (accounting for 20% of the fund) to provide a solid foundation for the fund. Investment Focus: The fund will focus on startups and established companies within the Hedera ecosystem, particularly those in the fields of Web3, artificial intelligence (AI), blockchain, robotics, and quantum computing. 💻🤖 Strategic Investment: Investment projects will have the opportunity to participate in the Hashgraph Association's startup studio program, providing more resources and support for their growth.

Why is this crucial for the crypto industry?

The Web3 and deep tech fields are the core investment directions of the future. Hashgraph Group's initiative not only promotes the development of the Hedera ecosystem but also indicates the rise of Abu Dhabi as a global crypto financial center. The Abu Dhabi Global Market (ADGM) is attracting more and more innovative investment and technology companies, especially those in the fields of Web3 and blockchain. 🌐

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