Gulf’s first blockchain fund is now based in Abu Dhabi

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Investcorp launches its first blockchain fund in UAE

Investcorp, a Bahrain-based asset manager, will have its first blockchain technology-focused fund in the Gulf establish its base in Abu Dhabi.

Investcorp has a solid track record of technology-related investments with Mubadala Investment Company as its biggest shareholder.

The company launched the eLydian Lion as the first dedicated institutional fund for blockchain and will cater to investments from leading global companies in blockchain-enabled tech.

Through the eLydian Lion, investors can get early exposure to the fast-growing blockchain ecosystem that is currently transforming economies digitally.

Companies that deal with blockchain infrastructure, platforms and exchanges, decentralized finance, and data analytics, and are currently in their early stages would be able to benefit from the Fund.

The Abu Dhabi office of Investcorp will handle the funds and globally-deployed investments. KSO/Expat Media


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