Tuesday, 5 November 2024
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CryptoCrypto ExchangeDubai

Bybit and DMCC Strengthen Partnership to Elevate Dubai’s Crypto Ecosystem

  • Bybit extends role to advisory partner with DMCC from August 2024 to July 2025.
  • Co-hosting a global hackathon and flagship conference to boost Dubai’s crypto industry.
  • Supported blockchain startups with major initiatives over the past year.

Bybit has enhanced its partnership with the Dubai Multi Commodities Centre (DMCC), transitioning from a key ecosystem partner to an advisory role.

This shift reflects Bybit’s commitment to leveraging its expertise to drive innovation and support Dubai’s ambitions to become a leading global crypto hub.

Bybit Takes Advisory Role in Dubai’s Crypto Sector to Foster Growth

The extended partnership will feature significant industry events, including a global hackathon aimed at encouraging Web3 development and a major conference to position Dubai as a thought leader in the crypto space. Bybit’s previous efforts, such as a $100,000 prize pool hackathon and various events, have already made a substantial impact on the region’s crypto startups.

The collaboration will see Bybit and DMCC co-organize a global hackathon and a major conference, designed to foster innovation and showcase Dubai’s leadership in the crypto industry. The hackathon will target Web3 projects, while the conference will gather key industry figures to discuss trends and advancements.

Over the past year, Bybit has significantly contributed to the region’s crypto landscape through various initiatives, including a Masterclass and high-profile events. These efforts have supported over 20 startups, helping them establish a presence in Dubai’s dynamic market.

This renewed partnership underscores Bybit’s dedication to supporting Dubai’s vision and enhancing its role on the global crypto stage.

The expanded partnership between Bybit and DMCC underscores a shared commitment to advancing Dubai’s status in the global crypto arena. Bybit’s advisory role will play a crucial part in shaping the future of the city’s crypto and Web3 sectors.

“We are honored to be the first organization appointed to this advisory role by DMCC,” said Helen Liu, Chief Operating Officer at Bybit.

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