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- Middle Eastern investors back SC Ventures’ $250M digital asset fund.
- SC Ventures set to launch new blockchain-focused fund in 2026.
- $100M African fund and venture debt options coming soon from SC Ventures.
SC Ventures, the venture capital arm of a prominent global financial institution, is preparing to launch a $250 million fund dedicated to digital assets within the financial services industry. The fund is also expected to have significant support on the part of investors located in the Middle East, a move that indicates the increasing presence of the region in the blockchain and cryptocurrency industry. Gautam Jain, a partner at SC Ventures, announced this news at the Money 20/20 event in Saudi Arabia. He pointed out that the fund will employ a worldwide investment strategy, which will focus on opportunities within the digital asset space.
Besides the $250 million digital assets fund, SC Ventures is also considering another $100 million fund that will target the African market. Although it is not clear what specific investment strategies will be applied to this fund, it may also include digital assets in its portfolio. In addition, SC Ventures is also thinking of opening its very first venture debt fund, but the information on this is still pending.
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Middle Eastern Backing Signals Blockchain Growth
The presence of Middle Eastern investors in SC Ventures’ new fund is a massive pointer to the region’s growing presence on the horizon of blockchain and digital currencies. The UAE and Saudi Arabia, most specifically, have established progressive regulatory regimes, including the Virtual Assets Regulatory Authority in Dubai and a crypto sandbox in Saudi Arabia. Such liberal rules are aimed at fostering the development of blockchain and cryptocurrency, which will establish the Middle East as a key participant in the international market of digital assets.
SC Ventures has the potential to gain from the increased institutionalization of digital assets, which is supported by Middle Eastern investors and the spread of blockchain technology throughout the world. Big financial institutions such as JPMorgan and Goldman Sachs have already adopted crypto services, which strengthens the idea of the acceptance of digital currencies. The future capital of SC Ventures would have a prominent role to play in spearheading the next stage of innovation in the financial services industry, and the Middle East would be an important part of this worldwide transformation.
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