• Klumi Ventures has received a financial license to invest in tokens and equity in early-stage Web3 startups.
• The renowned VC is the first Web3 venture capital firm regulated by the FSRA.
• Klumi Ventures also announced the launching of two specialized funds to support Web3 development.

Klumi Ventures, a premier Web3 venture capital (VC) firm based in Abu Dhabi, has received a financial license permitting it to invest in tokens and equity investments in early-stage Web3 startups. In a recent announcement, the firm, regulated by the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM), noted that the development heralds a new era of innovation and provides investment opportunities in the digital asset ecosystem across its region.

Commenting on the recent achievement, Kristiina Lumeste, Senior Executive Officer of Klumi Ventures, noted that the firm is honored to be at the forefront of shaping the UAE’s digital asset landscape. According to Lumeste, Klumi Ventures is the first Web3 venture capital firm regulated by the FSRA and focused on shaping the future of Web3 investment and entrepreneurship in the Middle East and beyond.

The Se…

The post Klumi Ventures Licensed To Invest in Web3 Startups Across the UAE appeared first on Coin Edition.

• Klumi Ventures has received a financial license to invest in tokens and equity in early-stage Web3 startups.
• The renowned VC is the first Web3 venture capital firm regulated by the FSRA.
• Klumi Ventures also announced the launching of two specialized funds to support Web3 development.

Klumi Ventures, a premier Web3 venture capital (VC) firm based in Abu Dhabi, has received a financial license permitting it to invest in tokens and equity investments in early-stage Web3 startups. In a recent announcement, the firm, regulated by the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM), noted that the development heralds a new era of innovation and provides investment opportunities in the digital asset ecosystem across its region.

Commenting on the recent achievement, Kristiina Lumeste, Senior Executive Officer of Klumi Ventures, noted that the firm is honored to be at the forefront of shaping the UAE’s digital asset landscape. According to Lumeste, Klumi Ventures is the first Web3 venture capital firm regulated by the FSRA and focused on shaping the future of Web3 investment and entrepreneurship in the Middle East and beyond.

The Se…

The post Klumi Ventures Licensed To Invest in Web3 Startups Across the UAE appeared first on Coin Edition.