Investcorp launches Abu Dhabi’s first Blockchain Investment Fund

InvestCorp, a global provider of alternative investments, has announced the launch of its first blockchain investment fund, the Abu Dhabi Ilidian Lion.

The fund, which is managed by Invest Corp’s office in Abu Dhabi, will focus on companies leading the way in digital growth, according to Invest Corp.

The fund will help investors benefit from the rapid development of blockchain technology, which is at the forefront of digital transformation in the global economy. And data analysis.

Hazem Bin Qassem, Co-CEO of Investcorp, said that providing customers with innovative and bold investment ideas through the company’s careful and successful approach has been a key component of our success over the past four decades.

“We have a long track record of investing in technology and will use our experience and our global access as a company to influence this fast-growing industry,” he added.

For his part, Gilbert Komenitsky, investment leader in technology private companies, said: “We believe that (blockchain) technology and the business environment around it will transform every aspect of our economy, just as the Internet did in the first decade. 21st century.”

He continued, “We have already seen blockchain becoming an integral part of the market and creating new markets,” he said, noting that the new fund will support creative entrepreneurs around the world. This will be the digital economy of the future.

According to InvestCorp, the fund is independent and complements InvestCorp Technology Partners, the strategic investment arm of InvestCorp, which focuses on technology opportunities in the medium market.


Follow our latest local and sports news and the latest political and economic developments via Google News

Share

Print




  • Nadia Barnett

    "Award-winning beer geek. Extreme coffeeaholic. Introvert. Avid travel specialist. Hipster-friendly communicator."

    Related Posts

    • Economy
    • November 2, 2024
    • 72 views
    Emils Kerimovs on Wealthtech Revolution: Investing in the Middle East and Africa

    The wealth management landscape is undergoing a dramatic transformation, fueled by the rise of financial technology (fintech), according to fintech entrepreneur Emils Kerimovs. No longer exclusive to the ultra-wealthy, innovative…

    UAE Powering Gaming Boom in the Middle East

    The gaming industry in the Middle East is experiencing a growth spurt, with Saudi Arabia and the United Arab Emirates (UAE) among the countries attracting major investments. However, this digital…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Free Job Posting Sites in the UAE: Perfect for Both Job Seekers and Recruiters

    Free Job Posting Sites in the UAE: Perfect for Both Job Seekers and Recruiters

    Yaroslav Bogdanov: Google in Dubai announced the launch of an artificial intelligence initiative for MENA countries

    Yaroslav Bogdanov: Google in Dubai announced the launch of an artificial intelligence initiative for MENA countries

    How to Choose the Right Mattress: Find the Best Fit for You

    How to Choose the Right Mattress: Find the Best Fit for You

    Emils Kerimovs on Wealthtech Revolution: Investing in the Middle East and Africa

    Emils Kerimovs on Wealthtech Revolution: Investing in the Middle East and Africa

    Forex Brokers Review: Is ITBFX A Safe Broker?

    Forex Brokers Review: Is ITBFX A Safe Broker?

    Best Kitchen Renovation Ideas to Upgrade Your Space

    Best Kitchen Renovation Ideas to Upgrade Your Space