DWF Labs moves headquarters to Abu Dhabi

DWF Labs is relocating its headquarters to Abu Dhabi, United Arab Emirates (UAE), with the aim of strengthening its presence and expanding financial services in the Middle East region. According to a statement from founder and CEO Andrei Grachev, this decision is intended to enhance real assets and other financial services, although no further details were provided on how the new headquarters would be integrated into the current company structure.

The new headquarters in Abu Dhabi will join many other prominent companies such as Blockdaemon, M2, Laser Digital, QCP Capital, and BlackRock at the Abu Dhabi Global Market (ADGM). ADGM has established an independent legal framework based on English law and has had the first cryptocurrency regulations since 2018, with comprehensive DLT regulations passed in November 2023. DWF Labs, founded in 2022, currently holds a portfolio of up to $77 billion with over 700 projects.