Daesung Private Equity launches $84.7 Million Meta Fund

Daesung Private Equity is a Korean venture capital company that has made the decision to enter the metaverse investment market. Local media reported that the company launched a metaverse-focused fund worth 110 billion won (equivalent of $84.7 million) on November 30. This was commented upon by David Kim Younghoon, chairman of Daesung Group.
“The metaverse is more than a new industry field. It will be a game-changer that will change the future of our industry as well as the global economy.”
The Korean government has also been investing directly in the metaverse. In May, $177 million was announced by the Digital New Deal, which is a nationwide tech-focused agenda. Korea was the first country to invest directly in metaverse businesses at that time. We encourage you to do your own research before investing.Join us to keep track of news: coincu.comHaroldCoincu NewsTags: DaesungDaesung Private EquityKoreaMetaverse