The UAE investment company plans to launch a $500 million fund to invest in areas such as blockchain and DePIN

2024-08-27 14:13:06
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ChainCatcher news, according to Bitcoin.com, the UAE-based investment firms Hodler Investments and Gewan Holding plan to launch a $500 million Digital Energy Infrastructure (DEI) fund. The fund aims to invest in energy infrastructure projects that support the growth of the digital economy, including power generation, data mining, blockchain, decentralized physical infrastructure, and artificial intelligence. It will also support startups and software development related to these fields.

According to a statement, the fund has so far received soft commitments from major investors, in-kind donations, and underwriting partners, seeking energy and connectivity for artificial intelligence (AI) and digital asset mining businesses.

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