United

Vision

Partner

<ul>
 <li>The shared goal is to promote innovation and quicken the adoption of Web3 in the MENA region.</li>
 <li>Together, Klumi Ventures and DWF Labs will provide thorough strategic advisory&nbsp;services to businesses.</li>
</ul>
To further enhance the already thriving Web3 ecosystem in the United Arab Emirates, <a href="http://www.klumiventures.com" target="_blank" rel="noopener noreferrer nofollow">Klumi Ventures</a>, the first regulated Web3 Venture Capital and Fund Manager with its headquarters in Abu Dhabi, and DWF Labs, a new generation&nbsp;of Web3 investor and market maker, have teamed together.
In keeping with the Abu Dhabi Economic Vision 2030, our collaboration demonstrates our shared commitment to improving the Web3 and digital asset landscape&nbsp;in the United Arab Emirates. We aim to accelerate digital transformation in the region by combining the regional Web3 expertise of Klumi Ventures, which has already assisted projects in successfully transitioning to the UAE and go-to market strategies, with the market making and investment capacities of DWF Labs, which was recently recognized by Binance with a <a href="https://x.com/ag_dwf/status/1826913818909274457" target="_blank" rel="noopener noreferrer nofollow">VIP longest standing client award</a> for their five years of VIP trading. Our common goal is to support and grow the Web3 ecosystem in the United Arab Emirates by giving newcomers and institutions access to all the tools they need to be successful. Combining Klumi Ventures’ valuable local network and commitment to the UAE’s digital asset strategy with DWF Labs’ extensive expertise in Asia, this alliance is well-positioned to accomplish its objectives.
Kristiina Lumeste, SEO and Founder of Klumi Ventures stated:
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
 “DWF Labs, one of the leading players in the Web3 space, has achieved significant success in Asia and is now expanding its presence to the UAE. Klumi Ventures is excited to support the leading DWF portfolio companies and contribute to the growth of the Web3 ecosystem in the UAE.”
</blockquote>
Klumi Ventures and DWF Labs Collaboration Framework:
Strategic Advisory: Together, Klumi Ventures and DWF Labs will provide thorough strategic advisory&nbsp;services to businesses wishing to enter the UAE market. To guarantee a successful growth, this comprises guidance on go-to-market tactics, legal compliance, financing, and company development.
Investments and Market-Making: The collaboration intends to provide Klumi Ventures’ portfolio firms access to vital liquidity and financial resources so they may develop successfully in the UAE’s expanding digital asset market by using DWF Labs’ experience in investments and market making.
OTC Deals and Options: DWF Labs will handle OTC deals&nbsp;and provide customized solutions to customers looking to transact big volumes&nbsp;of digital assets in a secure&nbsp;and effective manner. Additionally, Klumi Ventures customers will soon be able to access a range of yield levels&nbsp;with little risk thanks to DWF Labs’ upcoming debut of its own <a href="https://x.com/ag_dwf/status/1828416870606688728" target="_blank" rel="noopener noreferrer nofollow">full-scale options platform</a>.
Market Education: The collaboration will begin a number of educational programs in the United Arab Emirates in 2024, such as workshops, with the goal of disseminating the essential information and resources required for success in the UAE Web3 ecosystem. The strategy, networking, legal and regulatory requirements, and the challenges of doing business in the UAE market will all be the main topics of these efforts.
Andrei Grachev, Managing Partner at DWF Labs stated:
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
 “This partnership with Klumi Ventures represents a significant step forward in our shared vision to build a robust Web3 ecosystem that supports innovation and sustainable growth across the UAE region. Together, we are strategically positioned to drive the digital transformation in the UAE, empowering both new entrants and established institutions to thrive in this dynamic landscape.”
</blockquote>
In conclusion, Klumi Ventures and DWF Labs’ partnership is well-positioned to support the United Arab Emirates’ aspirations to emerge as a preeminent worldwide center for blockchain technology. Our shared goal is to promote innovation and quicken the adoption of Web3 in the Middle East and North Africa (MENA) region.

Klumi Ventures and DWF Labs Partner to Accelerate Web3 Ecosystem Growth in UAE

TheNewsCrypto

Other articles published on Sep 3, 2024

Summary Of The Best Debate At Surfin’ Bitcoin

Missed the Ethereum Boom? Here’s How a Housewife Turned $500 into $1.6M—Is BlockDAG Your Second C...

Hopoo Games team joins Valve, leaving Risk of Rain’s future uncertain

First Digital USD (FDUSD) retired $390M in a week

BitGo Korea Partners With South Korean Giants SK and Hana

Will Ethereum Sustain its Rise Above $2.5K, or Plunge to $2.3K? Let’s Unravel the 3% Myth.

Join our free newsletter for daily crypto updates!