Klumi Ventures, the first regulated Web3 Venture Capital and Fund Manager based in Abu Dhabi, and DWF Labs, a new generation Web3 investor and market maker, have joined forces to enhance the UAE's Web3 ecosystem.
Objectives and Significance of the Partnership
The partnership between Klumi Ventures and DWF Labs aims to support the development of digital assets and the Web3 ecosystem in the UAE. This collaboration aligns with the strategic goals of the Abu Dhabi Economic Vision 2030.
Partnership Framework
1. Strategic Advisory: Klumi Ventures and DWF Labs will provide comprehensive strategic advisory services for companies aiming to expand in the UAE market. 2. Investments and Market-Making: The partnership will offer companies access to crucial liquidity and capital resources. 3. OTC Deals and Options: DWF Labs will facilitate OTC deals and launch an options platform. 4. Market Education: Starting in 2024, educational initiatives will be introduced to share knowledge and tools for thriving in the Web3 ecosystem.
Future Steps
The partnership between Klumi Ventures and DWF Labs marks a significant step in building a strong Web3 ecosystem. Both companies are committed to achieving strategic goals and supporting innovation in the region.
The collaboration between Klumi Ventures and DWF Labs will significantly contribute to the development of the Web3 ecosystem and digital assets in the UAE, fostering innovation and accelerating adoption.
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