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DWF Labs is committed to investing in 50 startups operating in the web3 space, with a significant investment of USD 500,000 reserved for the most promising businesses. The partnership builds on the foundation laid by the previous agreement, which included the creation of a $5 million growth platform for Web3 businesses at the DMCC Crypto Center.
The collaboration is centered around the DWF Venture Studio, which offers a range of benefits to DMCC-based startups, such as consulting services, market-making services to tier-one and tier-two exchanges, and workshops. The DMCC Crypto Center serves as a complete ecosystem for companies developing Web3 and blockchain technologies, with 600 businesses currently operating in the space, making it the highest concentration of crypto businesses in the region.
With TOKEN2049 Dubai on the horizon, DWF Labs is gearing up to showcase the transformative opportunities available in the MENA blockchain landscape. Startups and entrepreneurs are encouraged to join the DMCC Crypto Center and utilize the resources and support provided by the DWF Venture Studio.
Andrey Grachev, Managing Partner at DWF Labs, expressed his excitement at the renewed partnership, stating, “We are excited to renew our partnership with DMCC and continue our mission to drive innovation and growth in the MENA blockchain ecosystem. As we prepare for TOKEN2049 Dubai, we encourage startups and entrepreneurs to join us in harnessing the potential of DMCC Crypto Center and DWF Venture Studio.”
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