According to ChainCatcher, based on a report from the Korean Daily News, the Korean Ministry of Science, Technology, and Information and Communication announced plans to raise a metaverse fund of approximately 40 billion Korean won this year for investment management companies. This year's fund will include 23 billion Korean won in government funding (reinvested fund recovery) and 17 billion Korean won in private funding, with a minimum scale of 40 billion Korean won. The selected management companies will focus on investing more than 60% in small and medium-sized enterprises related to key foundational technologies such as XR, AI, digital twins, and blockchain that are aimed at realizing metaverse products and services.

Additionally, to promote AI integration for promising metaverse enterprises, the selected management companies must invest over 50% in AI integration or overseas companies to continuously support overseas expansion and export activities.