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  • btc = $59 754.00 1 698.41 (2.93 %)

  • eth = $2 418.04 60.22 (2.55 %)

  • ton = $5.68 0.05 (0.94 %)

27 Aug, 2024
1 min time to read

Two United Arab Emirates-based investment firms, Hodler Investments and Gewan Holding, have announced the creation of a $500 million Digital Energy Infrastructure (DEI) Fund.

This new fund aims to invest in energy infrastructure projects that will support the growth of the digital economy globally. The DEI Fund will target investments in power generation, data mining, blockchain, decentralized physical infrastructure, and artificial intelligence. It will also back startups and software development in these sectors.

The DEI Fund has already secured initial commitments from lead investors and partners interested in energy and connectivity solutions for AI and digital asset mining operations. The fund’s broader mission includes contributing to global energy security and reducing energy poverty, with a focus on building sustainable infrastructure essential for the expansion of digital economies.