Gate Ventures and The Blockchain Center in Abu Dhabi to Launch Falcon Gate Ventures, A $100 Million Fund to Propel Global Blockchain Innovation
2024年8月19日 - 10:10PM
Gate Ventures, the venture capital arm of Gate.io, and the
Blockchain Center in Abu Dhabi, a global hub for Web3 technologies,
are pleased to unveil Falcon Gate Ventures, a $100 million fund
aiming to drive Web3 innovation in the coming years. This joint
venture initiative takes a global stance to support Web3 builders
that are committed to reshaping the world in the digital age.
A Strategic Partnership for Global Impact
Gate Ventures and the Blockchain Center synergize their
expertise and resources to help young talents from key 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
- Global Coverage: The
fund will support high-potential projects across the world, with a
targeted focus on technical breakthroughs in the Middle East, Asia,
the US and other key regions.
- Economic Impact: The
initiative is expected to stimulate growth within the worldwide
Web3 ecosystem, advancing economic development and reinforcing the
UAE's position as a central hub in the international digital
economy.
- Regulatory
Commitment: Falcon Gate Ventures will work closely with
international regulatory authorities to develop frameworks that
both foster innovation and ensure global user protection.
The Vision Behind Falcon Gate Ventures
"Choosing Gate Ventures as our partner for this joint fund was a
natural decision for us. 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 Center in Abu Dhabi," said Abdulla, CEO of the
Blockchain Center in Abu Dhabi. "We believe that together, we can
create a powerful synergy that will drive forward our mission to
support and scale high-potential blockchain projects. Gate Ventures
shares our commitment to fostering cutting-edge technologies, and
with their global network and insights, we are confident that this
partnership will accelerate the adoption and impact of blockchain
innovations, both in the UAE and internationally.”
Falcon Gate Ventures is not only a financial commitment but a
strategic endeavor bringing diversified resources to foster Web3
founders with global aspirations. Leveraging the extensive network
and expertise of both Gate Ventures and the Blockchain Center,
Falcon Gate Ventures seeks to discover and support projects poised
to shape the future of blockchain technology and digital
assets.
“Falcon Gate Ventures marks a significant step in our mission to
advance global blockchain innovation,” said Kevin Yang, Managing
Partner at Gate Ventures. “In partnership with the Blockchain
Center in Abu Dhabi, we are investing in the digital future,
supporting transformative ideas across continents.”
Catalyzing Blockchain Advancement Globally
Leveraging combined resources and a unified vision, Falcon Gate
Ventures is poised to drive blockchain innovation on a global
scale. The venture aims to:
- Foster
Innovation: Accelerate the deployment of blockchain
solutions by funding innovative projects and startups
worldwide.
- Support Education and
Research: Build a skilled global workforce by investing in
education and research initiatives.
- Facilitate Cross-Border
Collaboration: Enhance technological advancement and
economic development by promoting international partnerships.
Falcon Gate Ventures aligns with the UAE's vision to become a
global leader in the digital economy. This initiative strengthens
the nation's position as a hub for blockchain innovation 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. This partnership is paving the way for a new
era of disruptive innovation, one that transcends borders and
delivers lasting global impact.
About Gate VenturesGate Ventures is the venture
capital arm of Gate.io, one of the world’s largest and most
trusted cryptocurrency exchanges. Specializing in early-stage
investments in blockchain technology and digital assets, Gate
Ventures drives innovation and growth across the global blockchain
ecosystem.
About the Blockchain Center in Abu DhabiThe Blockchain
Center in Abu Dhabi is at the forefront of the blockchain and
digital asset industry, driving education, research, and
innovation. The Center plays a pivotal role in shaping the
blockchain landscape both within the UAE and globally.
Disclaimer: The information provided in
this press release is not a solicitation for investment, nor is it
intended as investment advice, financial advice, or trading advice.
It is strongly recommended you practice due diligence, including
consultation with a professional financial advisor, before
investing in or trading cryptocurrency and securities.
Elaine Wang
elaine.w at gate.io