According to ChainCatcher, Web3 venture capital firm Klumi Ventures and market maker DWF Labs announced a partnership to promote the development of the UAE Web3 ecosystem. The two parties will cooperate in strategic consulting, investment and market making, over-the-counter trading, and market education. Kristiina Lumeste, founder of Klumi Ventures, said the partnership will support the development of DWF portfolio companies in the UAE.