Venom Foundation, Abu Dhabi's Iceberg set up $1b fund for blockchain startups

Venom Foundation, Abu Dhabi's Iceberg set up $1b fund for blockchain startups

Photo by Andre Francois on Unsplash

Blockchain firm Venom Foundation and Abu Dhabi-based investment manager Iceberg Capital Ltd on Wednesday launched a $1 billion crypto venture fund and said it was leading a $20 million funding round in virtual world platform Nümi Metaverse.

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