Gate Ventures, the decentralized venture investment company by Gate.io, has partnered with The Blockchain Abu Dhabi. This partnership aims to boost the Web3 innovation in the coming years. For this purpose, a $100 million fund has been proposed by both companies.
Big news! @Gate_Ventures and @adbc_ae The Blockchain Center in Abu Dhabi have teamed up to launch Falcon Gate Ventures — a $100M fund fueling #blockchain innovation, research, and regulatory progress globally. Learn more herehttps://t.co/dNQqgB82mi pic.twitter.com/bbGpqzukM0
— Gate.io (@gate_io) August 19, 2024
Gate Ventures is a strategic finance advisory firm by Gate.io, providing private placement and M&A advisory services to early and late-stage software and IT services companies, and assisting them in achieving their financial and strategic goals.
The Blockchain Center in Abu Dhabi leads blockchain and digital asset education, research, and innovation.
Falcon Gate Ventures features
Global Coverage: The fund will invest in high-potential projects worldwide, with a focus on technical advances in the US, Asia, and the Middle East.
Impact on the Economy: The partnership is expected to boost the global Web3 ecosystem, boosting economic growth and strengthening the UAE’s status as a digital powerhouse.
Falcon Gate Ventures will cooperate with foreign regulatory agencies to create frameworks that promote innovation and protect users worldwide as part of its regulatory compliance.
Falcon Gate Ventures combines financial and strategic resources to grow Web3 companies that want to expand abroad. Falcon Gate Ventures seeks and supports blockchain and digital asset innovations.
Finally, Falcon Gate Ventures aligns with the UAE’s vision to become a global leader in the digital economy. This initiative strengthens the nation’s position as a hub for blockchain innovation and a magnet for international talent. This partnership is paving the way for a new era of disruptive innovation, one that transcends borders and delivers lasting global impact.