According to coindesk.com, Abu Dhabi’s tech ecosystem, Hub71, has started a $2 billion initiative to support Web3 and blockchain technology startups in the region. This initiative will provide startups with access to a wide range of programs and potential corporate, government, and investment partners.
It will be based at Hub71 in the Abu Dhabi Global Market financial district, along with its anchor partner, FABRIC — the research and development hub of the First Abu Dhabi Bank (FAB). The initiative will also include crypto exchanges and service providers.
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