The Dubai Multi Commodities Centre (DMCC) Crypto Centre and Swiss blockchain venture capital firm CV VC have teamed up to support the growth of Web3 ecosystems in Dubai and Switzerland. This collaboration is focused on encouraging knowledge sharing, innovation, and collaboration in the blockchain space. The two organizations support Web3, and they are optimistic that this cooperation will enhance the use of Web3 in the business world.
DMCC and CV VC Plan Key Events
DMCC and CV VC inked the deal at the CV Summit 2024, a blockchain conference in Zug, Switzerland. Many participants attended the meeting, making it a significant turning point for both industries. This collaboration will bring the Web3 systems of the Dubai and Swiss areas into correlation to encourage entrepreneurship. As a result of this partnership, they want to form a new innovative area stretching across both countries in this context.
Due to their partnership, DMCC and CV VC will engage in several activities. These are educational and workshop programs, exchanging resources and other premises, and mutual event planning. The next major event will be the Web3 Hub at the World Economic Forum in Davos, Switzerland, in January 2025. Furthermore, CV VC will collaborate with the DMCC for the subsequent DMCC-Bybit Hackathon, which will focus on advancing the region’s blockchain technology.
DMCC and CV VC Promise Global Web3 Growth Through Strategic Alliance
Speaking on the new partnership, the Chief Operating Officer of DMCC, Feryal Ahmadi, had everything to say. She said it would hold their members’ advantages and foster Web3 advancement between Dubai and Switzerland. She also highlighted the role of partnerships and knowledge sharing for the maximum realization of Web3. It is claimed that both ecosystems can drive the next phase of Web3 adoption worldwide.
On the other hand, Mathias Ruch is the CEO of CV VC. She said that this partnership means that the resources and knowledge can be shared and help Blockchain to develop in both regions. Moreover, co-founder of CV VC, Olaf Hannemann, added that the Middle East has grown over the past few years, and he is convinced that the region is more than capable of investing in innovations.
With over 600 members, DMCC Crypto Centre has become the region’s largest hub for Web3 and blockchain companies. CV VC is a prominent early-stage venture capital firm. It has the resources and network to accelerate blockchain startups. Therefore, it will make this partnership a significant step forward in the global Web3 movement.
