Crypto House Capital, a virtual reality project developer based in the UAE, is about to launch its first fundraising round to fund its ambitious projects in the metaverse.
The funds will be used primarily to fund its Skylum residential skyscraper, an ambitious real estate project in the UAE's virtual estate market. "I am currently in discussions with investment funds and ventures interested in the project," Crypto House Capital CEO Tomas Nascisonis told Arabian Business. "The goal now is to secure the necessary funding for the Skylum residential skyscraper," he explained. Nascisonis stated that as the venture moves forward, it will seek investors to support its broader initiative, MetaReal City.