DMCC to Build a Crypto Tower in Dubai
- Publish date: since 5 hours
- Related articles
- Dubai Launches A Futuristic Hub For Crypto and Blockchain
- DMCC Records Best H1 Performance Since 2013
- Dubai to Host Largest Polished Diamond Auction in History
Dubai Multi Commodities Centre (DMCC) and REIT Development launched the Crypto Tower project on Wednesday, Jan. 15 to serve the growing number of companies in the blockchain, DeFi and Web3 sectors in Dubai.
The tower will feature nine floors of advanced offices tailored for crypto startups and established businesses.
Three floors will support blockchain incubators, venture capital firms, and investment companies.
There will be a dedicated floor for artificial intelligence (AI) innovation.
The tower will also have a 10,000-square-foot indoor event space and a 3,500-square-foot outdoor area for crypto and blockchain events.
Read More: Dubai Property Values Rise 27.5% in One Year
The top three floors will be home to a 30,000-square-foot crypto club for networking and leisure amenities.
Crypto Tower will also have an NFT art gallery, a gold bullion shop, an exotic car dealership, and a dedicated vault storage area.
Construction for the tower is expected to be completed in the first quarter of 2027 with operations starting shortly thereafter.