DMCC and REIT Development announced the construction of the 17-storey Crypto Tower in Dubai to support the growing community of blockchain, DeFi, and Web3 companies.
A New Milestone for DMCC and REIT Development
DMCC, a leading international business zone, and REIT Development have announced the launch of the Crypto Tower in Dubai's Jumeirah Lakes Towers. This project will support the rapidly expanding blockchain community, reinforcing Dubai's position as a hub for innovation and advanced technologies.
Unique Features and Services
The Crypto Tower will offer over 150,000 square feet of leasable space, including 9 office floors and dedicated floors for blockchain incubators and venture capital firms. Its infrastructure will integrate AI solutions from Chatoshi.ai and feature event spaces and premium amenities for the crypto community.
Implementation of Innovations and Construction Completion
The Crypto Tower will use blockchain technology to streamline tenant interactions and transactions through on-chain voting and smart contracts. Construction is expected to complete by early 2027, setting a new standard for tech-integrated real estate.
The Crypto Tower project in Dubai embodies the future of Web3 technologies, offering state-of-the-art venues and services to foster business growth in the crypto industry.
