“Middle East Web3 Expansion: DWF Labs Participates in the Abu Dhabi Blockchain Center to Build the Future Ecosystem”
DWF Labs, a next-generation Web3 market maker and cryptocurrency investor, announced the signing of several strategic memorandums of understanding with the Abu Dhabi Blockchain Center. This partnership demonstrates how DWF Labs has driven innovation and growth in the Web3 ecosystem thanks to its influence in the region. DWF Labs has also co-hosted the flagship Web3 hackathon for the MENA region with Bybit and the DMCC cryptocurrency center for two consecutive years, with the most recent event concluding successfully.
The collaboration with the Abu Dhabi Blockchain Center will focus on several key areas, including supporting crypto projects through accelerator programs, providing early-stage ecosystem grants, and offering strategic consulting services to help projects achieve sustainable growth. With its global network, DWF Labs will assist projects in establishing important partnerships, promoting the application and development of crypto projects in the Middle East.
Abu Dhabi Blockchain Center CEO Abdullah Dhaheri stated, “Through this collaboration, we hope to make such progress in market building, blockchain research, institutional support, and policy, further promoting blockchain development across the region.”
DWF Labs Managing Partner Andrei Grachev also noted, “Abu Dhabi has already become a global center for blockchain innovation. This partnership conveys our commitment to the development of the Web3 ecosystem in the Middle East and North Africa, aiming to provide entrepreneurs and developers with the necessary resources to accelerate the development of the regional crypto ecosystem.”
This collaboration reflects DWF Labs' ongoing commitment to fostering and supporting innovation within the global blockchain ecosystem. By investing in projects and building partnerships, DWF Labs continues to make an impact across regions, driving the growth of the global crypto industry.
The Abu Dhabi Blockchain Center is dedicated to educating Abu Dhabi to become a leader in global blockchain technology innovation, providing comprehensive support services from incubation and acceleration to venture capital.
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