Together, Abu Dhabi Capital Group’s Abu Dhabi Royal Strategic Partners, Korea’s Non-Fungible Token Contents Association, and Korean Hillstone Partners, a blockchain and cryptocurrency investor that funds Hillstone Finance, have agreed to establish a joint venture fund for investments into NFTs, blockchain, crypto, and the Metaverse. One billion dollars will be invested in the fund, which is expected to begin operations this year. It is expected that the joint venture fund would be registered in both Singapore and Dubai, UAE, after all the details of the investing procedure and methodology have been worked out.
UAE Royal Strategic partners to create 1 billion USD Blockchain fund with Korean Entity
