UAE Investment Corporation plans to launch a $500 million fund DEI to invest in blockchain, DePIN and other fields

On August 27th, according to Bitcoin.com, investment companies Hodler Investments and Gewan Holding, based in the United Arab Emirates, announced plans to launch a $500 million Digital Energy Infrastructure (DEI) fund. The fund aims to invest in energy infrastructure projects that support digital economic growth, including power generation, data mining, blockchain, decentralized physical infrastructure, and artificial intelligence. It will also support startups and software development related to these areas. According to a statement, the fund has received soft commitments from major investors, physical donations, and subscription partners, seeking energy and connectivity for artificial intelligence (AI) and digital asset mining businesses.