Express

Dubai Family Office Launches $100 Million Blockchain Investment Fund

Mary Liu

Summary: According to Coindesk, Dubai's Sheikh Hamdan bin Ahmed Al Maktoum family office launched a $100 million blockchain investment fund. The office stated that it will work closely with commercial companies and regulators to drive 50% of government transactions in the region on the blockchain by 2021. The fund will work with the ECN Launchpad platform. CEO ...

According to Coindesk, Dubai's Sheikh Hamdan bin Ahmed Al Maktoum family office launched a $100 million blockchain investment fund. The office stated that it will work closely with commercial companies and regulators to drive 50% of government transactions in the region on the blockchain by 2021.

The fund will work with the ECN Launchpad platform. CEO Ahmad Aljariri said in a press release: "This is a key milestone, we hope that through our knowledge and capital, we can bring great talent and technology to the region through Dubai. ECN is an important platform that can multiply the impact of our reach."

By Mary Liu

Last Update:

Tags: ,,
Link: Dubai Family Office Launches $100 Million Blockchain Investment Fund   [Copy]
Next:

Related Articles

  • GAEA Chat Singapore Concludes Successfully - A Recap of the Industry Thought Feast Duri... 9 days ago
  • U.S. SEC Clears Path for Institutional Crypto Custody, Recognizing State Trust Companie... 14 days ago
  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? 28 days ago
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? September 9, 2025
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules September 5, 2025

    • You need to login to comment.