1. New Partnership: Gate Ventures and Blockchain Center
2. Strategic Goals and Initiatives
3. Echo of the digital future in UAE

Gate Ventures, the venture branch of crypto exchange Gate.io, has announced a partnership with the Blockchain Center in Abu Dhabi. The goal of the new $100M fund is to spur innovation in Web3 and support builders in the field.

New Partnership: Gate Ventures and Blockchain Center

Gate Ventures and Blockchain Center have announced the creation of a $100M fund to promote decentralized infrastructure and applications. The main goal is to boost the adoption of innovative solutions by combining ideas and capitals.

Strategic Goals and Initiatives

Abdulla Al Dhaheri, CEO of the Blockchain Center in Abu Dhabi, noted that the alliance will foster and develop high-potential projects. They aim to increase the impact and pace of blockchain technology adoption both in the UAE and globally. Additionally, Gate Ventures supports the idea of fast-tracking blockchain technology adoption.

Echo of the digital future in UAE

The Blockchain Center in Abu Dhabi was launched on August 1 with the aim of making the city the world’s blockchain capital. Additionally, the National Bank of Ras Al Khaimah signed an agreement with Bitpanda Technology Solutions to create a digital asset management platform. The Dubai court issued a ruling recognizing salary payments in cryptocurrency as legal.

The partnership between Gate Ventures and the Blockchain Center in Abu Dhabi represents a significant step in the development of digital technologies and their integration into the UAE. This collaboration promises to create promising opportunities for professionals and companies in the Web3 space.