According to Odaily Planet Daily, The Hashgraph Association (THA) announced a strategic partnership with the Qatar Financial Center (QFC). The two parties will set up a $50 million digital asset venture studio Digital Assets Venture Studio to support the development of regulatory-compliant decentralized finance (DeFi) solutions and digital assets based on the Hedera distributed ledger technology (DLT) network. In addition, the venture studio will also invest in Web3 startups and DeFi projects supported by Hedera.