CandleFocus Swiss-Based Hashgraph Group Secures License to Launch $100M Web3 Fund
2024-12-25
Author: Content Editor
The Hashgraph Group has obtained a fund management license from the Abu Dhabi Global Market (ADGM) and plans to launch a $100 million Web3 venture fund. The fund, which will focus on investing in early-stage and established companies within the Hedera ecosystem, will be seeded with $20 million from Hashgraph Group. The group has received significant interest and support from co-investors, including government institutions and venture capital funds. The fund will prioritize strategic investments in Web3 and deep tech companies developing solutions in AI, blockchain, robotics, and quantum computing.
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