{"id":65987,"date":"2024-08-13T11:09:04","date_gmt":"2024-08-13T08:09:04","guid":{"rendered":"https:\/\/gulftech-news.com\/en\/?p=65987"},"modified":"2025-04-14T09:37:00","modified_gmt":"2025-04-14T07:37:00","slug":"bybit-and-dmcc-extend-successful-partnership-pioneering-new-role-to-drive-the-growth-of-dubais-crypto-ecosystem","status":"publish","type":"post","link":"https:\/\/gulftech-news.com\/en\/2024\/08\/13\/bybit-and-dmcc-extend-successful-partnership-pioneering-new-role-to-drive-the-growth-of-dubais-crypto-ecosystem\/","title":{"rendered":"Bybit and DMCC Extend Successful Partnership, Pioneering New Role to Drive the Growth of Dubai&#8217;s Crypto Ecosystem"},"content":{"rendered":"\n<p><a href=\"https:\/\/www.bybit.com\/en\/press\">Bybit<\/a>, the world\u2019s second-largest cryptocurrency exchange by trading volume, announced the extension of its strategic <a href=\"https:\/\/x.com\/DMCCAuthority\/status\/1818616226274222472\">partnership with Dubai Multi Commodities Centre (DMCC)<\/a>, After a year of successful collaboration, Bybit is&nbsp; thrilled to announce its new role from a key ecosystem partner to an advisory role, solidifying its position as a leading force in Dubai\u2019s thriving crypto and Web3 industry.<\/p>\n\n\n\n<p>This elevated partnership marks a new chapter in Bybit and DMCC\u2019s joint commitment to fostering the growth and development of the region\u2019s crypto ecosystem. <\/p>\n\n\n\n<p>From August 2024 to July 2025, Bybit will serve as a DMCC Ecosystem and Advisory Partner, providing strategic guidance to the DMCC Crypto Center and its members on key initiatives.<\/p>\n\n\n\n<p><strong>Boosting Dubai\u2019s position as a Global Crypto Hub<\/strong><\/p>\n\n\n\n<p>To further bolster Dubai\u2019s position as a global crypto hub, Bybit and DMCC Crypto Center will co-organize two major industry events this year: a global hackathon and a flagship conference. <\/p>\n\n\n\n<p>The hackathon will nurture innovation by supporting developers in building web3 projects, while the conference will position Dubai as a thought leadership center by bringing together industry experts and key opinion leaders.<\/p>\n\n\n\n<p>The past year has been marked by significant achievements, including a $100,000 prize pool hackathon to support blockchain startups, a Masterclass for aspiring entrepreneurs, the &#8220;Let Web3 Happen in Dubai&#8221; event focused on security and compliance, and a high-profile side event at Token 2049. <\/p>\n\n\n\n<p>Through these initiatives, Bybit has actively supported and advised over 20 startups, helping them establish a foothold in Dubai\u2019s dynamic crypto landscape.<\/p>\n\n\n\n<p>By taking on an advisory role, Bybit will leverage its deep industry expertise to shape the future of Dubai\u2019s crypto and Web3 industry. <\/p>\n\n\n\n<p>This collaboration underscores Bybit\u2019s unwavering commitment to supporting Dubai\u2019s vision of becoming a global crypto and Web3 hub.<\/p>\n\n\n\n<p>\u201cWe are\u00a0 honored to be the first organization appointed to this advisory role by DMCC,\u201d said Helen Liu, Chief Operating Officer at Bybit. <\/p>\n\n\n\n<p>\u201cBy taking on an advisory role, we are excited to leverage our expertise to drive innovation and support the growth of the industry in Dubai.\u201d<\/p>\n\n\n\n<p>Belal Jassoma, Director of Ecosystems, DMCC, added \u201cBybit have been true partners over the past year, bringing substantial value to Dubai\u2019s crypto and Web3 community. <\/p>\n\n\n\n<p>We are thrilled to expand this through Bybit\u2019s advisory role, which will support our Crypto Centre members in new ways as they look to scale their crypto businesses and tap into some of the world\u2019s most exciting markets.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bybit, the world\u2019s second-largest cryptocurrency exchange by trading volume, announced the extension of its strategic partnership with Dubai Multi Commodities Centre (DMCC), After a year of successful collaboration, Bybit is&nbsp; thrilled to announce its new role from a key ecosystem partner to an advisory role, solidifying its position as a leading force in Dubai\u2019s thriving &hellip;<\/p>\n","protected":false},"author":2,"featured_media":65988,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-65987","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.1 - 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