Dubai – Sharikat Mubasher: At the recent ZIGChain Summit in the UAE, organisers unveiled DeFAI, a new $25 million investment fund dedicated to supporting startups at the intersection of decentralised finance (DeFi) and artificial intelligence (AI).

Backed jointly by ZIGLabs, Disrupt.com, and DWF Labs, the fund will target early-stage projects building blockchain-powered asset management, smart financial services, and AI-driven wealth solutions, according to a recent press release.

DeFAI follows ZIGLabs’ $100 million ecosystem fund launched last April, as well as its ongoing “Kickstart” initiatives designed to accelerate innovative blockchain ventures.

 ZIGChain, an open Layer 1 blockchain platform, will serve as the technical backbone for portfolio companies, enabling developers to craft next-generation digital-wealth protocols.

With major tech investors pooling resources in this space, industry insiders say the convergence of AI and blockchain is poised to unlock transformative opportunities in DeFi and beyond.