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Asharq Al-Awsat
Asharq Al-Awsat
Business
Asharq Al-Awsat

Dubai Firm Cypher Capital Says Launches $100m Digital Asset Fund

Dubai-based venture capital firm Cypher Capital on Wednesday announced it was launching a $100 million seed fund aimed at investing in digital assets including crypto currencies.

The fund will be financed by the company’s founder, Bijan Alizadeh, and will also invest in decentralized finance platforms, blockchain applications and cryptocurrency gaming.

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