Dubai Multi Commodities Centre
Dubai Multi Commodities Centre (DMCC) is a free-trade zone located in the Jumeirah Lake Towers district of Dubai, housing a diverse community of 24,000 companies, including both start-ups and multinational corporations. [1]
Overview
DMCC Free Zone, with over 21,000 registered members as of 2022, holds the status of being the largest free-trade zone in the UAE. Additionally, it was recognized as the number one global free zone by the Financial Times FDi magazine for the eighth consecutive year in 2022. [2][3]
DMCC supports commodity trading through entities like the Dubai Diamond Exchange (DDE), the Dubai Pearl Exchanges (DPE), DMCC Tradeflow, the Dubai Good Delivery Standard (DGD) for Gold, the DMCC Tea Centre, and the DMCC Coffee Centre. [4][5][6]
Crypto and Blockchain Ecosystem
Part of DMCC is the Crypto and Blockchain Ecosystem, which offers infrastructure that supports startups, established crypto and blockchain companies, and international investors. [7]
It is becoming increasingly clear that crypto and blockchain technologies have an enormous potential to advance global trade. Dubai has recognised this potential, and the DMCC Crypto Centre will fully support our mandate to attract and promote trade through the emirate. With the DMCC Crypto Centre providing a progressive and supportive regulatory environment, a strong pool of industry talent, and an ecosystem that provides access to capital, resources and opportunities to crypto firms, we are perfectly placed to support crypto businesses from across the world. - Ahmed Bin Sulayem, Executive Chairman and Chief Executive Officer
Ecosystem partners include Solana, TDeFi, brinc, Bybit, DWF Labs, Ankr, Boba Network, and Hacken, among others. [11]
Accelerator Programmes
Brinc ZK Advancer
ZK Advancer is an accelerator program for global startups in the blockchain and Web3 space, focusing on new technologies and real-world applications. As the exclusive accelerator partner of Animoca Brands, the 12-week virtual program aims to support the development of the global Web3 ecosystem by providing tailored support to selected founders to help scale their growth and connecting startups from emerging and established markets to a global network. [8]
TDeFi & DMCC Accelerator Programme
TDeFi provides blockchain startups with mentorship, ecosystem support, marketing and community strategies, exchange listings, liquidity provision, and growth hacking partnerships. [9]
Brinc The Sandbox
Brinc's Web3 accelerator programs aim to support startups involved in shaping the future of Web 3. These programs provide assistance to founders through mentoring, capital, and other resources, contributing to the growth of Web3 projects for entrepreneurs. [10]