DWF Labs Renews Collaboration with DMCC to Propel MENA Blockchain Ecosystem Forward
DWF Labs proudly announces the renewal of its partnership with DMCC — the world’s flagship free zone and Government of Dubai Authority on commodities trade and enterprise — reaffirming its commitment to driving innovation and growth within the MENA region’s blockchain ecosystem. This renewed collaboration builds upon the foundation laid by the previous agreement, including the establishment of a $5 million growth platform for Web3 businesses at the DMCC Crypto Centre.
At the heart of this collaboration is the DWF Venture Studio, which offers early-stage startups based in DMCC a host of benefits, including consultancy services, enhanced access to global venture capital, market-making services on tier one and two exchanges, as well as a range of workshops. Moreover, DWF aims to invest in 50 startups operating in the web3 space, with additional investments earmarked for top-performing companies. Notably, the cohort’s most promising business stands to receive a significant investment of USD $500,000.
The DMCC Crypto Centre serves as a comprehensive ecosystem for companies developing Web3 and blockchain technologies, offering a wide array of value-added services. With 600 businesses operating in the Web3 and blockchain space, the DMCC Crypto Centre represents the highest concentration of crypto firms in the region.
With TOKEN2049 Dubai just around the corner, DWF Labs is gearing up to showcase the transformative opportunities available within the MENA blockchain landscape. As the premier destination for Web3 investment, DWF Labs invites startups and entrepreneurs to join the DMCC Crypto Centre and leverage the resources and support available through the DWF Venture Studio.
“We are excited to renew our partnership with DMCC and continue our mission of driving innovation and growth within the MENA blockchain ecosystem,” said Andrei Grachev, Managing Partner at DWF Labs. “As we prepare for TOKEN2049 Dubai, we encourage startups and entrepreneurs to join us in harnessing the potential of the DMCC Crypto Centre and the DWF Venture Studio.”
For more information on how to join the DMCC Crypto Centre and DWF Labs, please visit: www.dwf-labs.com.
