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More Than 500 Blockchain and Web3 Companies at the DMCC Crypto Centre

More Than 500 Blockchain and Web3 Companies at the DMCC Crypto Centre

The Crypto Centre at the Dubai Multi Commodities Centre (DMCC) has a presence of more than 500 blockchain and Web3 companies, as demand for space continues to soar very high. Ahmed Bin Sulayem, CEO at DMCC, has announced that the "record-high" number of new company registrations indicates the extent of investors’ "confidence in the emirate."


The Dubai Multi Commodities Centre (DMCC) Crypto Centre skyline view with other buildings


DMCC Attracts 3049 Companies to Dubai in 2022 

The demand for space at the United Arab Emirates-based Dubai Multi Commodities Centre (DMCC), Crypto Centre, has been quite remarkable, as more than 500 blockchain and Web3 firms were registered by the end of 2022. The growing demand for space can be seen in the 23% increase in the registration of members from 2,485 in 2021 to 3,049 by the end of 2022.

Commenting on what is seen as a new milestone for the commodities centre, Ahmed Bin Sulayem, the executive chairman, and CEO at DMCC, 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 of the year reflects the growth acceleration and highlights the significant value that DMCC adds to each of its members."

"Record-High" Company Registrations

The CEO announced that the "record-high" number of new company registrations indicates the extent of investors’ "confidence in the emirate."

Feryal Ahmadi, the COO at the DMCC, said that his organization would seek to "build on its strength by further enhancing its services and offerings" and by forging new alliances around the world.

What is your take on the demand for space in the DMCC? Please post your comments.

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