Varys Capital Sets Up Master Fund For Blockchain DeFi, Gamefi
Varys Capital has partnered with FundRock Investment Management Services to manage a feeder fund, Varys Capital Ventures (CEIC) Limited, in the Abu Dhabi Global Market (ADGM). The fund will invest in a Master Fund that focuses on blockchain, Web3, and infrastructure.
The fund will invest in DeFi, GameFi/Web3, infrastructure, and emerging technologies, all centered around blockchain. Varys Capital has entered the UAE due to the local government’s supportive directives, high level of innovation, robust local infrastructure, and forward-thinking minds.
=The fund’s appointed investment managers, legal counsel, fund administrator, and auditor are FundRock, Al Tamimi, Apex Fund Services (AD) Limited, and Crowe Mak LLP. Varys Capital Director Darius Askaripour said ADGM has created limitless opportunities and attracted talented digital asset professionals.
(With inputs from Shikha Singh)
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