Abu Dhabi Starts $2B Initiative to Back Web3 Startups
Hub71, Abu Dhabi’s tech ecosystem, has started a $2 billion initiative to back Web3 and blockchain technology startups in the region.
The Hub71+ Digital Assets ecosystem initiative will also provide startups access to a wide range of programs and potential corporate, government and investment partners, according to a press release on Wednesday.
The program will also support businesses relocating to Abu Dhabi and promote startup growth in the Middle East and global markets.
