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Falcon Gate Ventures Launches $100 Million Fund for Web3 Development

Aug 19, 2024
  1. A Strategic Partnership for Global Impact
  2. Strategic Pillars of Falcon Gate Ventures
  3. Catalyzing Blockchain Advancement Globally

Gate Ventures and the Blockchain Center in Abu Dhabi have announced the creation of Falcon Gate Ventures, a $100 million fund aimed at driving Web3 innovation.

A Strategic Partnership for Global Impact

Gate Ventures and the Blockchain Center in Abu Dhabi are pooling their resources and expertise to support young talents from regions including the USA, Asia, Europe, and the MENA region. Falcon Gate Ventures is designed to advance decentralized infrastructure and applications, and accelerate the adoption of pioneering technologies.

Strategic Pillars of Falcon Gate Ventures

The fund will support high-potential projects globally with a focus on technical breakthroughs in the Middle East, Asia, the US, and other key regions. The initiative is expected to stimulate growth within the worldwide Web3 ecosystem, fostering economic development and reinforcing the UAE’s position as a central hub in the international digital economy. Falcon Gate Ventures will work closely with international regulatory authorities to develop frameworks that foster innovation while ensuring user protection.

Catalyzing Blockchain Advancement Globally

Falcon Gate Ventures aims to accelerate the deployment of blockchain solutions by funding innovative projects and startups worldwide. The fund will also invest in education and research initiatives, helping build a skilled global workforce. Promoting international collaboration will enhance technological advancement and economic development.

Falcon Gate Ventures marks a significant step in our mission to advance global blockchain innovation.Kevin Yang, Managing Partner at Gate Ventures

This initiative strengthens the UAE’s position as a leader in the digital economy and a magnet for international talent. Together, Gate Ventures and the Blockchain Center are not just investing in the future—they are actively shaping it.

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