Beam Foundation to Launch $150M Blockchain Gaming Fund in Abu Dhabi, Eyes Regulatory Approval

in beam •  2 months ago 

The Beam Foundation will launch Beam Ventures, a US$150M venture fund in Abu Dhabi, to support blockchain gaming projects.
Beam Ventures will invest in blockchain infrastructure, GameFi, AI, augmented reality, and user-generated content startups, and offer an accelerator program.
The Beam Foundation has revealed its intention to launch a new venture fund in Abu Dhabi, aimed at supporting blockchain gaming projects.

The fund, creatively named Beam Ventures, is set to begin operations in the first half of 2025 with a capital pool of US$150M (AU$235M), financed by local investors.

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