First Web3 venture capital firm receives license in UAE

Klumi Ventures, a Web3 venture capital firm, has announced that it has become the first solely Web3 venture capital firm to receive a license from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) in Abu Dhabi UAE. Klumi ventures is the sole web3 VC and Fund Manager regulated by ADGM. It