Gate.io to Plans to Launch a $100M Innovation Fund

Gate.io has launched a $100 million joint venture fund called Falcon Gate Ventures alongside the Blockchain Center in Abu Dhabi. 

This fund aims to accelerate Web3 innovation globally by supporting developers and projects, particularly in the United States, Asia, Europe, and the Middle East.

The collaboration leverages the expertise and resources of both organizations. 

Gate Ventures brings its experience in the crypto space, while the Blockchain Center, established in August 2024, offers its focus on fostering a supportive ecosystem for blockchain initiatives in Abu Dhabi. 

This partnership reflects Abu Dhabi’s ambitions to become a global hub for blockchain technology.