South Korean crypto venture capital firm Hashed expands its business to Abu Dhabi

Odaily News South Korean crypto venture capital firm Hashed Ventures is expanding its presence to Abu Dhabi through a new partnership with Hub71, Abu Dhabi's global tech ecosystem. Hashed Ventures CEO Simon Kim said the company plans to open a local office in Abu Dhabi and is considering fundraising opportunities in the city. In addition, Kim said Hashed has begun working with South Korean companies worth more than $1 billion to enter the Abu Dhabi market. Abu Dhabi's tech incubator Hub71 promotes the growth of startups by providing them with the necessary resources, facilitating connections with potential partners and investors, and assisting in complying with local regulations. (Bloomberg)