
小捕手 CHAOS|Mar 08, 2025 05:48
Web3 projects that can obtain investment from sovereign wealth funds are extremely rare, and without exception, they are all good projects, including:
Circle
Ripple
ConsenSys
GRVT
class
In January 2025, GRVT announced a $5 million equity financing from venture capital firm Further Ventures, which is backed by Abu Dhabi's sovereign wealth fund ADQ. Popular science on ADQ:
① The sovereign investment fund wholly owned by the government of the Emirate of Abu Dhabi was established in 2018
② One of the three major sovereign wealth funds in Abu Dhabi
③ ADQ's mission is to accelerate Abu Dhabi's transformation towards a knowledge-based and sustainable economy through direct and indirect investments
Here's an analogy: Sovereign wealth funds typically do not directly invest in Web3 projects, but rather indirectly invest through private equity funds or partners. Specific details will not be listed in public documents. As mentioned earlier, the Qatar Investment Authority has been reported to indirectly support Ripple's financing and ecosystem, but lacks official documentation to support it. ADQ's investment in GRVT is also an indirect investment method.
The good news is that the GRVT Genesis airdrop event is currently underway, with a 20% token airdrop by Mingpai.
Participation link: https://(grvt.io)/exchange/sign-up? ref=6JX1LZK
Below is a detailed introduction to the project and activity tutorial 👇
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