The Solana Foundation Partners with Dubai Multi Commodities Centre (DMCC) for Web3 Opportunities
The Solana Foundation has joined forces with the Dubai Multi Commodities Centre (DMCC) to explore web3 opportunities in Dubai. As an ecosystem partner, Solana will provide technical and business development assistance to the crypto community within DMCC. The DMCC Crypto Centre is already home to over 550 crypto firms and is considered the largest ecosystem of crypto and blockchain businesses in the MENA region.
By integrating with this community, Solana aims to enhance the scalability of projects and support the realization of innovative concepts. With a market capitalization exceeding $9.4 billion, Solana is a significant addition to the DMCC ecosystem.
DMCC CEO Ahmed Bin Sulayem announced that complimentary business setup and licensing will be offered to projects within the Solana ecosystem. In addition to support, Solana will deliver webinars and educational training sessions on web3 topics.
Hot Take: Solana Expands Influence in Crypto Market with Dubai Partnership
Solana’s partnership with DMCC demonstrates its growing influence in the crypto market. The integration into Dubai’s thriving crypto community will allow Solana to contribute to its development while expanding its own reach. This collaboration not only benefits the members of DMCC by providing technical and business support but also strengthens Solana’s position as one of the top global crypto projects. With recent developments such as the introduction of “Confidential Transfers,” Solana continues to innovate and offer enhanced features to its users. The partnership with DMCC marks another milestone for Solana as it establishes itself as a key player in the web3 space.
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