The Dubai Multi Commodities Centre (DMCC) – the world’s flagship free-trade zone and Government of Dubai Authority on commodities trade and enterprise – has welcomed the Solana Foundation — a non-profit organization dedicated to the Solana network’s decentralization, adoption, and security — to the DMCC Crypto Centre as an ecosystem partner.
The partnership complements DMCC’s existing offerings and collaborations by increasing its members’ ability to develop their concepts and scale their businesses using Solana, one of the industry’s leading blockchain platforms. Through this collaboration, the Solana Foundation will offer technical and business development support to DMCC Crypto Centre members, and extend the Foundation’s existing grant program to DMCC companies. Lastly, the Solana Foundation will join the DMCC Crypto Centre’s educational initiatives for developers and founders. DMCC will also promote the benefits of building on Solana to the 550+ members of the Crypto Centre.
“Providing an environment that supports our members in every way we can is our core philosophy for the DMCC Crypto Centre. Through this strategy, we have developed one of the most dynamic and value-creating ecosystems for Web3 firms, which has resulted in DMCC Crypto Centre offering the largest concentration of Web3 businesses across the MENA region,” said Ahmed Bin Sulayem, Executive Chairman and Chief Executive Officer, DMCC. “Adding yet another compelling reason for crypto businesses to join DMCC is our new partnership with the Solana Foundation. Through our work with the Solana Foundation, our members can access a world-class blockchain platform that can take their businesses to new heights.”
Dan Albert, Executive Director, Solana Foundation added: “With its high density of crypto companies and pro-growth attitude, providing support to the DMCC was a natural fit as we look to tap into the abundant Web3 value in Dubai. We look forward to working with members of the Crypto Centre to onboard them to our chain, as well as introducing our existing ecosystem to DMCC so they can also scale their operations.”
The DMCC Crypto Centre is a comprehensive ecosystem for companies that develop Web3 and blockchain technologies, and associated value-added services, providing everything that crypto businesses and entrepreneurs need to set up and scale their operations.