Hub71, Abu Dhabi’s global tech ecosystem, has announced the launch of Hub71+ Digital Assets, a dedicated Web3 specialist ecosystem. It has more than $2bn of capital committed to fund Web3 startups and blockchain technologies.
Hub71+ is a specialist ecosystem dedicated to advancing specific technology sectors. Its first offering is the launch of ‘Hub71+ Digital Assets’ — which will be based at Abu Dhabi Global Market (ADGM).
Through this ecosystem, startups, from seed to unicorn stage, can scale globally, unlocking access to programmes, initiatives, and corporate, government and investment partners.
First Abu Dhabi Bank (FAB) and its research and innovation centre, Fabric join as the anchor partner of Hub71+ Digital Assets.
FAB will identify Web3 startups, entrepreneurs and breakthrough technologies to help the bank reimagine financial services in the metaverse.