Abu of dhabitechnology initiative hub71to support Web3 and blockchain technology initiatives in the region. launched a two-billion-dollar fund.
Increasing adoption rates of cryptocurrencies have also mobilized country governments. Web3, blockchainAnd metaverse The spread of different concepts such as In this context, global names and countries that accelerated their work increased their investments in new technology. Finally Abu dhabi, through the technology arm It has set up a $2 billion fund to support Web3 initiatives.
Huge Support from Abu Dhabi to Web3 Initiatives
Abu dhabi, technology arm hub71to Web3 and blockchain initiatives through opens its doors.
According to the press release of the authorities in charge of the subject, hub71The ecosystem initiative initiated by . will provide access.
Hubs71+ Digital AssetsThe ecosystem initiative opens the door to a wide variety of programs, potential hosting institutions, government and investment partners.
This $2 billion program will support businesses relocating to Abu Dhabi. Also, the program Middle EastAnd in global markets It will also stimulate startup growth. your initiative, Abu Dhabi Global Marketin the financial district hub71It is anticipated that it will take place in .
