Boutique Media & consulting group
BTC$106409
ETH$4018
BNB$723
XRP$2.48
Web3 venture capitalist and crypto market maker DWF Labs is relocating its headquarters to Abu Dhabi, UAE. CEO Andrei Grachev announced the move to enhance real-world assets and financial services in the Middle East.
Currently, DWF Labs operates from Dubai’s Dubai Multi Commodities Centre (DMCC) and has regional offices in Singapore, Dubai, and Switzerland. The new Abu Dhabi HQ aims to strengthen its foothold in the region.
Both Abu Dhabi and Dubai, as part of the UAE, offer competitive environments for businesses. DWF Labs is part of DMCC’s Crypto Centre, alongside firms like Bybit and Solana. Additionally, Binance and Chainalysis also have a presence in Dubai, regulated by the Virtual Assets Regulatory Authority (VARA). Ripple operates in the Dubai International Financial Centre (DIFC), which established digital asset laws in March.
Sentiment: Positive
See also
