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ADGM Hacken Partners With Klumi Ventures For Blockchain Security

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ADGM Hacken Partners With Klumi Ventures For Blockchain Security

Hacken, a blockchain security auditing firm, has partnered with Klumi Ventures, a regulated Web3 venture capital firm in Abu Dhabi Global Market (ADGM). The partnership aims to set new standards in blockchain security and compliance using Hacken’s cybersecurity expertise and Klumi Ventures’ financial licensing in the UAE.

Hacken signed an MOU with ADGM to establish security and compliance standards. Klumi Ventures launched a $15 million investment fund to foster the Web3 ecosystem in ADGM, providing pre-seed and seed investments for emerging startups.

The partnership aims to create a secure and regulated framework for capital deployment, positioning ADGM as a global hub for blockchain innovation. Hacken will conduct continuous monitoring for Klumi Ventures Portfolio using advanced on-chain monitoring technologies, providing real-time security assessments and ensuring compliance with ADGM’s standards.

The partnership will also enhance the blockchain community’s expertise through educational initiatives. Hacken Co-Founder & CEO Dyma Budorin praised Abu Dhabi’s commitment to prioritizing security in developing its local blockchain ecosystem.

(With inputs from Shikha Singh)

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