Both the companies will use their expansive networks and extensive expertise to position, fund and advise the region’s most promising blockchain startups.
United Arab Emirates, June 9, 2021 /AlexaBlockchain/ – Blockchain venture fund Draper Goren Holm has partnered with Dubai Based DeFi Mutual Fund Sheesha Finance to boost deal flow and invest locally as well as through Draper Goren Holm’s global channels.
Sheesha Finance is the leading decentralized DeFi mutual fund allowing for premium cryptocurrency portfolio diversification and rewards.
Draper Goren Holm is a blockchain venture studio and fund created by investment heavyweights Tim Draper, Alon Goren, and Josef Holm with a focus on incubating and accelerating the best early-stage startups from around the world.
Draper Goren Holm – Sheesha Finance Partnership
According to the agreement, both the companies will use their expansive networks and extensive expertise to position, fund and advise the region’s most promising blockchain startups. The strategic partnership will focus on helping advanced and original blockchain projects overcome obstacles and reach their milestones, as well as supporting each other’s network to ultimately advance blockchain adoption worldwide.
Josef Holm, Founding Partner at Draper Goren Holm, said:
“As we expand into the MENA region and open our incubator DGH Labs in Dubai, we are excited to partner with Sheesha Finance in an effort to grow the local blockchain ecosystem and give startups access to venture funding.”
Commenting on the partnership, Saeed Hareb Al Darmaki, founder of Sheesha Finance, said:
“Our strategic partnership with DGH will allow our companies to explore global opportunities in the blockchain space. Sheesha Finance is happy to provide quality projects and deal flow from the MENA region to DGH and in turn, gain exposure to markets in Europe and the USA. Our work together will help build a strong network of projects in the blockchain space, bringing more legitimacy and trust in the world of blockchain investing.”