Odaily News Varys Capital plans to raise US$75 million for its equity venture capital fund centered on blockchain innovation. The fund will focus on early-stage startups in DeFi, CeFi, GameFi, Web3 infrastructure and other fields. Darius Askaripour, managing partner at Varys Capital, said: “We are considering entering the UAE market, first encouraged by the local government’s supportive decrees, high levels of innovation, strong infrastructure and forward thinking, with plans to deploy across the Middle East and North Africa, with multiple The transaction is already in the final stages of due diligence. The fund has made five investments so far, including Move language infrastructure Movement Labs, game studio SunSpear Games, blockchain mobile operator Bloxtel, first-person shooter producer Shrapnel and Cloud Hardware and software developer Nirvana Labs. (ZAWYA)