The Dubai Multi Commodities Centre (DMCC) has inked a partnership deal with the Solana Foundation, naming the latter as an ecosystem partner.
The DMCC is one of the free economic zones within the United Arab Emirates. In an October 15 announcement, it disclosed that the Solana Foundation will provide technical and business development support to members of its Crypto Centre. The foundation will also deliver webinars and educational materials on several Web3 subjects while extending its grant program to DMCC companies.
As part of the deal, Solana will enjoy a presence at the DMCC Crypto Centre, having access to collaborate with the Centre’s network of technology partners such as exchanges, government entities, investors, and service providers. The Centre’s CEO Ahmed Bin Sulayem also stated that Solana’s existing partners will receive privileged treatment in the DMCC.
We will provide complimentary setup and business licensing for Solana ecosystem projects whilst our members can access a world-class blockchain platform and dedicated Solana engineering teams that can take their businesses to new heights.
The DMCC Crypto Centre is an ecosystem for companies that develop Web3 and blockchain-centric solutions. Some of its partners include the digital asset market maker DWF Labs, ByBit cryptocurrency exchange, Web3 incubator TDeFi, and the venture capital fund Brinc. In total, there are more than 20,000 members in the ecosystem.
In similar news, Decenomy is charting a path into the Gulf countries. In a move that aligns with Dubai’s vision to be a global hub for finance, technology, sustainability, and diversity, the company is pioneering an economic model that is rooted in the principles of fairness and decentralization.
