DWF Labs, a prominent Web3 market maker and investment firm, has renewed its strategic partnership with Dubai Multi Commodities Centre (DMCC), strengthening a collaborative mission to advance blockchain innovation throughout the Middle East. This move underscores both organizations’ shared commitment to accelerating the growth of the Web3 ecosystem, particularly through enhanced support for startups operating from the DMCC Crypto Centre.
Since the initial launch of their collaboration, DWF Labs has played an active role in Dubai’s digital asset ecosystem. Leveraging its global investment network and infrastructure expertise, the firm has contributed to the region’s emerging crypto economy by deploying seven-figure capital investments into startups based in the DMCC Crypto Centre. These investments have spanned several Web3 verticals, with a focus on providing not only funding but also strategic guidance to early-stage ventures.
At the core of this continued partnership lies the DWF Venture Studio—an initiative that serves as a key platform for blockchain startups within DMCC. Through the studio, companies gain access to global market entry channels, advisory support, and pathways for integration into digital asset exchanges. This comprehensive support model is designed to help startups scale efficiently while navigating the complexities of both regional and global markets.
With more than 650 blockchain and crypto companies currently operating under the DMCC umbrella, the Crypto Centre has become a central hub for Web3 innovation in the Middle East. The renewed partnership with DWF Labs is expected to bolster this ecosystem further by connecting local talent with global expertise, technical insight, and strategic resources.
Leaders from DWF Labs expressed enthusiasm over the agreement, noting that it aligns with a long-term vision to position Dubai as a key launchpad for future-facing blockchain initiatives. They highlighted the importance of collaborating with innovators in areas such as digital finance, decentralized applications, and infrastructure, especially as the regional blockchain landscape continues to evolve.
This commitment was also evident in DWF Labs’ co-sponsorship of one of the largest Web3 hackathons in the region, held in November 2024. The event, organized in partnership with Bybit and the DMCC Crypto Centre, brought together 15 international startups building solutions in fields like tokenization, AI, Web3 infrastructure, and decentralized identity. The top five projects were awarded a combined prize pool of $160,000, showcasing DWF Labs’ direct involvement in nurturing the regional developer community.
We are excited to announce the renewal of our strategic partnership with DMCC Crypto Centre (@dmcccrypto) 🤝
The renewed partnership demonstrates our continued commitment to supporting the growth of Dubai’s crypto ecosystem through investments, advisory support, and global… pic.twitter.com/Ua0bfuYVph
— DWF Labs (@DWFLabs) June 25, 2025
DMCC leadership acknowledged the renewed partnership as a critical step forward in strengthening the local ecosystem. Through initiatives like the DWF Venture Studio, they emphasized that Web3 startups now have enhanced access to mentorship, tools, and funding—key ingredients needed to scale from Dubai to global markets.
This collaboration also supports the broader goals outlined in the UAE’s Digital Government Strategy 2025. The strategy places strong emphasis on digital-first systems, data-driven development, and the cultivation of infrastructure that is resilient and forward-looking.
As Dubai continues to establish itself as a global center for blockchain and emerging technologies, DWF Labs reiterated its commitment to empowering builders who contribute to that vision. The firm aims to ensure that innovative, scalable, and regulatory-compliant Web3 solutions find the resources they need to thrive within and beyond the region.