Gate Ventures, the venture capital arm of Gate.io, and the Blockchain Centre in Abu Dhabi have set up a $100 million Falcon Gate Ventures fund to drive Web3 innovation.
The fund seeks to help young talents from key regions including the US, Asia, Europe, and the MENA region.
Moreover, Falcon Gate Ventures will work closely with international regulatory authorities to develop frameworks that both foster innovation and ensure global user protection.
Abdulla, CEO of the Blockchain Centre in Abu Dhabi, said that Gate Ventures brings a wealth of experience and a proven track record in the blockchain and digital assets space.
“Their deep industry expertise, combined with their innovative approach to investing, aligns perfectly with our vision at the Blockchain Centre in Abu Dhabi and will drive forward our mission to support and scale high-potential blockchain projects.”
Kevin Yang, Managing Partner at Gate Ventures, said with the partnership, they are investing in the digital future, supporting transformative ideas across continents.