- The duo will collaborate in order to push projects that are targeted at enhancing the Web3 ecosystem across the region.
- Additionally, DWF Labs will assist builders in developing crucial relationships to help the development of crypto projects and adoption in the region.
It is with great pride that DWF Labs, a new generation Web3 market maker and cryptocurrency investor, announces that they have signed a Memorandum of Understanding (MOU) with The Blockchain Center Abu Dhabi. DWF Labs’ dedication to fostering innovation and development within the Web3 ecosystem is once again shown by the establishment of this strategic relationship. Building on its strong presence in the region, the firm has also collaborated along with Bybit and DMCC Crypto Centre for the flagship Web3 hackathon in the Middle East and North Africa (MENA) for two years in a row, with the most recent event successfully completing last week.
Under the terms of this cooperation, DWF Labs and The Blockchain Center Abu Dhabi will collaborate in order to push significant projects that are targeted at enhancing the Web3 ecosystem across the region. Among these measures are partnerships on accelerator programs that are designed to foster early-stage cryptocurrency startups, the provision of ecosystem funding, and the provision of strategic advisory services that are designed to assist companies in achieving sustainable development. Additionally, DWF Labs will assist builders in developing crucial relationships to help the development of crypto projects and adoption in the region. This will be accomplished via the enormous worldwide network that DWF Labs has.
Abdullah Dhaheri, CEO of The Blockchain Center Abu Dhabi stated:
Andrei Grachev, Managing Partner at DWF Labs said:
The building and supporting of blockchain ecosystems all across the globe is DWF Labs’ continuing aim, and this cooperation represents that ambition. DWF Labs continues to make substantial influence in regions for the purpose of furthering development and innovation by investing in initiatives and engaging with local hubs.
DWF Labs is a new generation Web3 investor and market maker. It is one of the biggest high-frequency cryptocurrency trading firms in the world, and it trades spot and derivatives markets on over 60 of the most prominent exchanges.
A primary objective of the Blockchain Center in Abu Dhabi is to encourage the development of new blockchain technology and to promote its expansion. In order to position Abu Dhabi as a worldwide leader in the blockchain field, a full variety of services will be provided. These services will include incubation, acceleration, venture capital investment, education, research, consultation, and events.
