Solana Joins Dubai’s Largest Free-Trade Zone to Foster Web3 Adoption

The Dubai Multi Commodities Centre (DMCC), renowned as the largest free zone and governmental authority for commodities trade in Dubai, has announced its latest collaboration with the Solana Foundation. The partnership marks the integration of the Solana Foundation into the thriving ecosystem of the DMCC Crypto Centre.

The DMCC Crypto Centre plans to utilize Solana’s advanced blockchain platform to empower its members effectively. This step shows DMCC’s dedication to nurturing a lively space for Web3 enterprises, highlighting Dubai’s global Web3 prominence.

Ahmed Bin Sulayem, the Executive Chairman and CEO of DMCC, emphasized the pivotal role of this collaboration in accelerating businesses within the DMCC Crypto Centre. This partnership reinforces DMCC’s vision to cultivate a dynamic and value-driven ecosystem for Web3 enterprises.

A Natural Fit for Web3 Value in Dubai

Dan Albert, the Executive Director of the Solana Foundation, underscored the natural synergy between the two entities. He expressed eagerness to tap into Dubai’s rich Web3 landscape and support the growth of the DMCC’s vibrant ecosystem.

This partnership aims to support businesses in the DMCC Crypto Centre, fostering sustained development and expansion. The collaboration is expected to drive Dubai’s crypto and blockchain ecosystem forward, fostering growth and innovation.