According to Odaily Planet Daily, blockchain incubator and investment company Advanced Blockchain AG announced the establishment of ABX Ventures, a crypto venture capital firm in Zug, Switzerland, and established a strategic alliance with the Crypto Valley Association and Modulai. ABX Ventures will be a wholly-owned subsidiary of Advanced Blockchain AG and will be committed to developing the future of Web 3.0 and innovating in different ecosystems and markets in the industry.