US GEM Fund Drops $80M Bomb on Vietnam’s Proptech Darling Meey Group

Silicon Valley’s playbook hits Hanoi—global capital chases Asian proptech gold rush as US-based GEM Fund plows $80 million into Vietnam’s Meey Group. Because nothing says ’trust the market’ like institutional money flooding into emerging tech during a crypto winter.

Meey—Vietnam’s answer to blockchain-powered real estate—just got the ultimate validator: a Wall Street-sized check. The firm’s valuation remains undisclosed, naturally. (What’s a proptech unicorn without a little mystery?)

GEM’s move signals deeper bets on Southeast Asia’s digital infrastructure boom—while conveniently bypassing that pesky ’regulatory uncertainty’ back home. Smart money knows: when the SEC clamps down on crypto stateside, you pivot to markets where ’compliance’ is still a buzzword, not a bottleneck.