On December 26, it was reported that Swiss-based Hashgraph Group had obtained a fund management license from Abu Dhabi Global Market (ADGM), United Arab Emirates. Hashgraph Ventures Manager, a subsidiary of Hashgraph Group, has received a license that allows it to launch a $100 million Web3 venture capital fund from Abu Dhabi Global Markets (ADGM). Hashgraph Group will contribute US$20 million, or 20% of the fund, as seed capital. The fund will focus on investing in startups and established companies within the Hedera ecosystem. The fund will prioritize strategic investments in companies in the Web3 and deep technology fields that develop artificial intelligence (AI), blockchain, robotics and quantum computing solutions. Eligible projects will have the opportunity to participate in the Hashgraph Association's Entrepreneurship Studio Program.