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Abu Dhabi Blockchain Funds Forum: Klumi Ventures' Historic License & Strategic Partnership

Updated: 4 days ago

Klumi Ventures & Hacken partnership in UAE

Klumi Ventures' team participated in the Abu Dhabi Blockchain Funds Forum on April 16th, gathering investors for insightful dialogues on Web3, blockchain investment prospects, and the future of digital finance. Esteemed industry leaders and entrepreneurs shared their insights into this rapidly evolving landscape.


Co-hosted with LW3 Private Limited and Coinbase, the event drew a high-caliber audience of crypto and digital asset funds and managers to the region. During the event, Klumi's team officially announced their groundbreaking license, marking them as the first licensed Web3 VC in the region capable of token investments.



In addition, Klumi Ventures' SEO, Kristiina Lumeste, and Dyma Budorin, Hacken's Co-Founder & CEO, signed a Memorandum of Understanding (MOU). Together, Hacken and Klumi Ventures are setting a new standard for blockchain ventures in the region, emphasizing security, compliance, and community engagement as pillars of their strategic partnership. This collaboration not only enhances the value of the Web3 ecosystem within ADGM but also ensures it is a safe, innovative, and thriving environment for all stakeholders.


Amidst this growing momentum, the United Arab Emirates has actively worked to attract more crypto companies, with Binance, OKX, and Nomura’s Laser Digital already establishing operations in the region.



 

About Klumi Ventures

Klumi Ventures is the pioneering venture capital firm based in Abu Dhabi, UAE, spearheading Web3 innovation and empowerment in the Middle East. Klumi Ventures holds the distinction of being the region's first Web3 Venture Capital Firm and Fund Manager. We provide comprehensive support to early-stage startups, offering a unique array of strategic advisory, incubation, technical support, legal and compliance expertise, and fund management services. We focus on disruptive technologies harnessing blockchain to deliver decentralized, transparent, and secure solutions, driving forward the evolution of the Web3 ecosystem.


For more details on Klumi Ventures, please visit klumiventures.com or follow on Twitter and Linkedin.


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