Klumi Ventures, the first regulated Web3 Venture Capital and Fund Manager based in Abu Dhabi, has announced a partnership with DWF Labs, a new generation Web3 investor and market maker.
Partnership Goal
The primary goal of this partnership is to advance the digital asset landscape in the UAE in line with the Abu Dhabi Economic Vision 2030. By combining Klumi Ventures’ regional Web3 expertise and DWF Labs’ investment and market-making capabilities, they aim to accelerate digital transformation in the region.
Partnership Framework
The partnership includes the following key areas: 1. **Strategic Advisory:** The companies will provide comprehensive advisory services on market entry, regulatory compliance, fundraising, and business development. 2. **Investments and Market-Making:** The collaboration offers Klumi Ventures' portfolio companies access to liquidity and capital resources to scale effectively in the UAE. 3. **OTC Deals and Options:** DWF Labs will facilitate large OTC deals and launch its own options platform for Klumi Ventures' clients. 4. **Market Education:** Starting in 2024, the partners will initiate educational programs in the UAE.
Regional Impact
The partnership aims to build a robust Web3 ecosystem in the UAE, fostering innovation and sustainable growth in the region. The synergy between DWF Labs' Asian experience and Klumi Ventures' local network will significantly contribute to digital transformation.
The collaboration between Klumi Ventures and DWF Labs is set to drive Web3 adoption and help meet the UAE's ambitions to become a leading global blockchain hub.
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