• Venom Foundation and Hub71 have partnered to accelerate the growth and adoption of blockchain technologies in the Middle East and North Africa region.
• The partnership will focus on providing startups with enterprise-grade solutions, simplifying blockchain adoption for businesses, and raising industry standards for incubation, acceleration, and grant programs.
• The collaboration was brought together by Iceberg Capital, which will leverage its network and expertise to assist both parties in reaching their common objectives.
Venom Foundation & Hub71 Partner Up
The Venom Foundation, Abu Dhabi Global Market’s (ADGM) first Layer-1 blockchain license holder has teamed up with Hub71 – Abu Dhabi’s global tech ecosystem – to accelerate the growth and adoption of blockchain technologies in the Middle East & North Africa (MENA) region.
Goals of Partnership
The collaboration between Venom Foundation and Hub71 will focus on providing startups with enterprise-grade solutions as well as simplifying blockchain adoption for businesses. It aims to raise industry standards for incubation, acceleration & grant programs while also onboarding local & international startups to join Hub71+ Digital Assets specialist ecosystem.
Key Benefits of Partnership
Startups can benefit from using the Venom blockchain to transition from Web 2.0 to Web 3.0 as well as engage & collaborate with a diverse range of partners & leading Web3 entities through this specialist ecosystem. They can also take advantage of value-add programs & incentives offered by Hub71+.
Iceberg Capital’s Role
The partnership between Venom Foundation and Hub 71 was brought together by Iceberg Capital – a regulated investment manager based in ADGM that will use its network & expertise to assist both parties in reaching their common objectives.
By collaborating together, Venom Foundation & Hub 71 hope to aid startups not only within MENA but globally by helping them grow & scale through enterprise-grade solutions as well as encouraging the transition towards disruptive blockchain technologies through value-add programs & incentives offered by them.