Solana Foundation enters DMCC Crypto Center in Dubai

DMCC Crypto Center has announced that the Solana Foundation has officially joined its ecosystem. This will enable a large number of companies to build and scale their projects in the Web3 industry, specifically in Dubai. The Solana Foundation brings with it all the key elements of business development and technical support to Crypto Center members. Also, the Solana Foundation has committed to utilizing the capabilities of its grant program.

Simply put, all the members of the DMCC Crypto Center can expect to receive start-to-end support in their endeavor to last in the upcoming Web3 industry. The Solana Foundation will achieve this feat via educational resources and webinars on topics pertaining to the said industry.

Solana has also committed to setting up a presence in the Crypto Center to completely integrate with the environment. It is expected to help over 23,000 members of the ecosystem. The association will be with exchanges, government entities, technology partners, and investors, among others.

Dan Albert, the Executive Director of the Solana Foundation, has called supporting the Crypto Center in Dubai a natural fit. Dan has simultaneously acknowledged that the density of crypto companies is pretty high in the region. They are now looking forward to working with DMCC to help members of the ecosystem onboard its chain and introduce them to the existing ecosystem.

Ahmed Bin Sulayem, the Chief Executive Officer and Executive Chairman at DMCC, has said that Solana is one of the most prominent blockchains across the globe, adding that DMCC will support Solana by providing its complementary set-up and business licensing. Ahmed has also highlighted that their core philosophy is to provide a supportive environment for the Crypto Center, further stating that the aim is to make Dubai the biggest global Web3 innovation hub.

David Cox

David is a finance graduate and crypto enthusiast. He projects his expertise in subjects like crypto and Blockchain while writing for CryptoNewsZ. Being from Finance background, he efficiently writes Price Analysis. Apart from writing, he actively nurtures hobbies like sports and movies.

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