South Korea-based Crypto Firm Hashed to Expand to Abu Dhabi

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In an effort to expand its reach, Seoul-based crypto venture capital firm Hashed Ventures has recently partnered with Hub71, a technology ecosystem in Abu Dhabi, and plans to open a local office in the UAE.

Hashed Ventures aims to facilitate the entry of Korean startups into the UAE market, specifically in the areas of fintech and blockchain.

The firm has already begun working with Korean companies valued at over $1 billion to enter Abu Dhabi.

Hub71 serves as a resource hub for startups, providing them with necessary tools, connections, and support to comply with local regulations.

Hashed Ventures hopes to help South Korean startups expand to international markets, as the country’s domestic market faces limitations such as a declining population.

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