Venom-Hub71 Partnership to Accelerate CoinEdition Blockchain Adoption

by Arthur · February 22, 2023

Venom Foundation and Hub71 will work together under the jurisdiction of the Abu Dhabi Global Market (ADGM).
The partnership aims to accelerate the growth and adoption of blockchain technology.
Local and international startups will benefit from the Venom-Hub71 partnership.

Venom Foundation, the first Layer-1 blockchain licensed by Abu Dhabi Global Market (ADGM), has announced its partnership with Hub71, Abu Dhabi’s global technology ecosystem, to provide startups with enterprise-grade solutions and facilitate blockchain adoption for businesses.

On Monday, the Venom Foundation announced its partnership with Hub 71+ Digital Assets, Hub 71’s dedicated Web 3 and Digital Assets specialist ecosystem, in Abu Dhabi. The team confirmed that this partnership will focus on accelerating the growth and adoption of blockchain technologies in the Middle East and North Africa (MENA) region.

Furthermore, the Venom-Hub71 partnership will also include local and international startups to Hub71+ Digital Assets. It was explained that by joining the specialized ecosystem, startups will be able to engage and collaborate with a variety of partners. Startups will also be able to transition from Web2 to Web3 successfully. The collaboration ensures that startups will benefit from Hub71’s value-added programs and incentives. Peter Knez, chairman of the foundation council at the Venom Foundation, is proud to have achieved a great collaboration:

Collaboration is the key to unlocking the full potential of new technologies. By working together, we can build a better future for businesses and communities, from Abu Dhabi’s economic heart to the world.

In addition, the Venom Foundation will deploy its expertise and knowledge in venture capital, venture building and technology to support startups to grow and scale from Hub71+ Digital Assets.

Elodie Robin Guillerm, head of growth and strategy at Hub71, expresses her excitement about the collaboration:

By bringing together leading industry experts and players like the Venom Foundation, Hub71+ Digital Assets accelerates the growth of disruptive businesses, creates commercialization and investment opportunities for entrepreneurs.

The Venom-Hub71 partnership was brought together by Iceberg Capital, the regulated investment manager based in ADGM. Pleased with this promising partnership, Mustafa Kheriba, Executive Chairman of Iceberg Capital, assures that “Iceberg will leverage its expertise to help both parties achieve their mutual goals.”