Klumi Ventures achieves a pioneering feat as the UAE’s first Web3 venture capital firm regulated by the FSRA of ADGM. Launching two specialized funds totaling $115 million, they aim to empower early-stage startups and emerging technologies in the digital asset ecosystem. ADGM officials express enthusiasm, foreseeing Klumi’s strategic role in driving Web3 growth locally and regionally amid ADGM’s supportive regulatory framework.