Klumi Ventures has partnered with DWF Labs to enhance the Web3 ecosystem in the UAE, aligning their efforts with the Abu Dhabi Economic Vision 2030.

This collaboration aims to strengthen the UAE's position as a global blockchain hub while promoting its digital asset goals.

As the first regulated blockchain-focused venture capital firm in the Middle East, Klumi Ventures offers comprehensive support to startups, including strategic advisory and technical expertise.

DWF Labs, recognized for its market-making capabilities, recently received an award from Binance for its longstanding trading relationships.

The partnership will provide strategic advisory services, investments, and market-making support to companies looking to enter the UAE market.

This partnership aims to bridge traditional finance with digital assets, accelerating the adoption of Web3 technologies in the region.

Currently, the UAE accounts for 5-10% of global digital asset trading volume, with projected revenue growth of 17.38% for digital assets by 2025.

Educational initiatives will be a key component of the collaboration, helping financial institutions understand blockchain technology and regulatory compliance.

Starting in 2024, the partnership plans to conduct educational workshops in the UAE, focusing on networking, strategies, and local market challenges.

Klumi Ventures and Fuze will work together to enhance cross-border payments by leveraging the speed and efficiency of digital assets.

DWF Labs will facilitate over-the-counter (OTC) deals and launch a new options platform for Klumi Ventures' clients, providing liquidity and customized trading solutions.

Both firms are committed to building a robust Web3 ecosystem that supports innovation and sustainable growth in the UAE.