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Unreal DAO, Supported by European Investment Bank, Establishes $30 Million Fund to Boost Blockchain Startups

December 10, 2023
in Blockchain
0

Luxembourg –News Direct– IPRD

Luxembourg, Dec. 10, 2023 — Unreal DAO, in partnership with European Investment Bank (EIB), is proud to announce the establishment of a dedicated fund with an authorized capital of $30 million. This initiative aims to provide crucial support and funding to burgeoning blockchain startups poised for growth and innovation.

With the rapid evolution of blockchain technology, Unreal DAO and EIB recognize the immense potential and transformative capabilities these startups possess. The fund is strategically designed to foster and propel the next generation of blockchain-based innovations.

“We’re excited to join forces with EIB to launch this fund, reinforcing our commitment to nurturing and supporting pioneering projects within the blockchain space,” stated Pavel Kaplin, CEO at Unreal DAO. “Our goal is to provide not just financial backing but also strategic guidance and resources to empower startups and drive meaningful advancements in the blockchain industry.”

The $30 million fund signifies a substantial commitment towards empowering startups by offering essential financial resources, mentorship, and access to a vast network of industry experts. This collaborative effort aims to fuel the development of groundbreaking blockchain solutions across various sectors.

“As part of the European Investment Bankt, we’re thrilled to partner with Unreal DAO in this venture, said Cyril Rousseau, chief financial officer at EIB. “This initiative aligns with our mission to stimulate innovation and accelerate the adoption of blockchain technology across Europe, fostering a vibrant ecosystem for startups to thrive.”

Unreal DAO and EIB invite promising blockchain startups to explore this opportunity and apply for funding. The fund seeks projects demonstrating innovation, strong fundamentals, and a clear vision for reshaping industries through blockchain technology.

For inquiries or to submit proposals, please contact [email protected]

About Unreal DAO:

Unreal DAO is more than an investment firm – they are pioneers in the realm of digital assets, dedicated to unlocking the immense potential within the ever-evolving world of cryptocurrencies.

About European Investment Bank (EIB): is the majority shareholder of the European Investment Fund (EIF) , which provides funding to small and medium-sized enterprises (SMEs) through venture capital and risk finance instruments.

Visit: unrealdao.com

Contact Details

Unreal DAO

Unreal DAO Team

+64 4-831 9528

[email protected]

Company Website

https://unrealdao.com/

View source version on newsdirect.com: https://newsdirect.com/news/unreal-dao-supported-by-european-investment-bank-establishes-30-million-fund-to-boost-blockchain-startups-778829458

This news is republished from another source.


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