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Abu Dhabi to back the growth of Web3 startups with $2B

The Hub71+ Digital Assets initiative said it intends to provide Web3 startups with access to a state-of-the-art blockchain and virtual asset infrastructure, as well as a progressive regulatory environment. This initiative will be based at Hub71 in Abu Dhabi Global Market (ADGM). As an anchor partner of the initiative, First Abu Dhabi Bank’s research and innovation center FABRIC will be joined by digital asset exchanges and service providers to facilitate the discovery, trading, and safekeeping of digital assets.

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Source: Cryptocurrency - investing.com

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