Gate.io and Abu Dhabi Blockchain Center Launch $100 Million Web3 Fund
20.08.2024 13:30 1 min. read Alexander Stefanov
Gate.io’s investment arm, Gate Ventures, has partnered with Abu Dhabi’s Blockchain Center to create a new $100 million fund, named Falcon Gate Ventures, aimed at advancing Web3 technologies.
The fund, announced on August 19, seeks to boost the development of decentralized infrastructure and applications.
It will support projects and talent across the U.S., Asia, Europe, and the MENA region.
The Blockchain Center, recently established, aims to position Abu Dhabi as a leading hub for blockchain innovation.
Gate Ventures’ Kevin Yang highlighted that this collaboration is a significant step toward advancing global blockchain progress.
In other UAE developments, Ras Al Khaimah Bank is working with Bitpanda Technology Solutions on a digital asset management platform, pending Central Bank approval.
Additionally, a recent Dubai court ruling allows an employee to receive their salary in cryptocurrency, reflecting a shift in legal attitudes towards digital assets.
-
1
Ripple’s Institutional Sales Hang in the Balance as XRP Lawsuit Nears Conclusion
27.03.2025 12:43 2 min. read -
2
Yotta Technologies Sues Big U.S. Bank Over Mishandled Funds and Customer Losses
30.03.2025 20:00 1 min. read -
3
Bolivia Turns to Crypto to Address Fuel Crisis Amid Dollar Shortage
14.03.2025 20:00 2 min. read -
4
Ripple’s IPO: Is a Public Listing Closer Than Expected?
26.03.2025 18:00 1 min. read -
5
U.S. Aims for Crypto Leadership as Chainlink Co-Founder Outlines Key Strategies
19.03.2025 12:00 2 min. read
Pump.fun Revives Live Streaming Amid Memecoin Market Slump
After months of absence, Pump.fun has reintroduced live streaming, aiming to restore the feature with better moderation practices.
Bloomberg Strategist Predicts Bitcoin Crash to $10,000
Mike McGlone, a senior commodity strategist at Bloomberg, has stirred the crypto community with his latest prediction about Bitcoin’s future price movement.
German Officials Push to Reclaim Gold from US Reserves
There is growing debate in Germany over the country’s gold reserves stored in the United States, as some officials push for more transparency and control.
Crypto Regulation Talks Continue: SEC Schedules Roundtable for April
The US Securities and Exchange Commission (SEC) is preparing to host another important discussion on crypto regulation, scheduled for April 11, 2025.
-
1
Ripple’s Institutional Sales Hang in the Balance as XRP Lawsuit Nears Conclusion
27.03.2025 12:43 2 min. read -
2
Yotta Technologies Sues Big U.S. Bank Over Mishandled Funds and Customer Losses
30.03.2025 20:00 1 min. read -
3
Bolivia Turns to Crypto to Address Fuel Crisis Amid Dollar Shortage
14.03.2025 20:00 2 min. read -
4
Ripple’s IPO: Is a Public Listing Closer Than Expected?
26.03.2025 18:00 1 min. read -
5
U.S. Aims for Crypto Leadership as Chainlink Co-Founder Outlines Key Strategies
19.03.2025 12:00 2 min. read
