A Dubai-based crypto investment fund, FD7 Ventures that has $1 billion under management, has recently announced that they are planning to sell off $750 million worth of their Bitcoin holdings in the next month. After selling, the money will be used to purchase Cardano (ADA) and Polkadot (Dot). The firm's managing director believes that ADA, DOT, and ETH will be the foundation of Web 3.0.