S. Korea’s energy conglomerate builds US$84M metaverse fund – Forkast News

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South Korea’s city gas and energy group Daesung’s venture capital subsidiary recently established a fund worth 110 billion Korean won (about US$84.5 million) for expanding investments into startups in the metaverse industry, local media outlets reported Thursday.
See related article: South Korea’s Shinhan Bank starts ‘metaverse’ services, according to local media
See related article: S. Korea releases ethical guidelines for the metaverse
Danny is a journalist at Forkast.News. Originally from South Korea, Danny has produced content for media companies in Korea, Hong Kong and China. He holds a Bachelor of Journalism and Business Marketing from the University of Hong Kong.
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