DMCC Crypto Centre Reaches Record-High with 500+ Blockchain and Web3 Firm Registrations

• The Dubai Multi Commodities Centre (DMCC) Crypto Centre had over 500 blockchain and Web3 firms registered by the end of 2022, setting a record-high for new company registrations.
• DMCC CEO Ahmed Bin Sulayem suggested that the number of registrations could indicate the extent of investors‘ confidence in the emirate.
• Feryal Ahmadi, the COO at DMCC, said the organization would seek to further enhance its position of strength by providing more support to member companies.

The Dubai Multi Commodities Centre (DMCC) has achieved a significant milestone with the registration of over 500 blockchain and Web3 firms in its Crypto Centre by the end of 2022. This record-high number of new company registrations is indicative of the confidence investors have in the emirate’s potential.

Ahmed Bin Sulayem, the executive chairman and CEO of DMCC, spoke about the unprecedented performance of the organization this year. He said, “Backed by a strong regional macroeconomic landscape, DMCC has been efficiently accelerating its growth strategy throughout 2022, focusing on supporting its member companies in high-impact sectors such as web3 and blockchain technologies, commodities and global trade. The unprecedented performance this year reflects this growth acceleration and highlights the significant value that DMCC adds to each of its members.”

Feryal Ahmadi, the Chief Operating Officer (COO) of DMCC, further added that the organization would continue to build on its position of strength. He said, “DMCC will continue to build on its position of strength by further enhancing the value it brings to its members and the wider business community.”

This latest development is a testament to the hard work and dedication of the DMCC team, and it is clear that the organization is committed to providing the best possible environment for its members. With the number of blockchain and Web3 firms registered with the Crypto Centre growing at a substantial rate, it is likely that the DMCC will be able to continue providing a strong platform for companies in the near future.