Pinnacle Capital Launches $100 Million Web3 Fund to Accelerate Blockchain and AI Innovation
Dubai, UAE – Pinnacle Capital, a leading family office and investment firm, has announced the establishment of a $100 million Web3 fund, reaffirming its commitment to driving the growth of blockchain and digital asset technologies. The new fund will target innovative projects at the intersection of blockchain and artificial intelligence (AI), positioning Pinnacle Capital at the forefront of the next wave of Web3 development.
Recent data indicates a resurgence of venture capital interest in the crypto sector, with funding increasing from $550 million in July to $633 million in August. Despite ongoing market challenges, Pinnacle Capital remains confident in the transformative potential of Web3 technologies. As a pioneering VC firm, Pinnacle believes the convergence of AI and blockchai...