Loading...
Loading...
Browse all stories on DeepNewz
VisitDubai Government Plans 17-Story Crypto Tower by 2027 for Blockchain and Web3 Businesses
Jan 15, 2025, 01:12 PM
The Dubai government, in collaboration with the Dubai Multi Commodities Center (DMCC) and REIT Development, has announced plans to construct a 17-story Crypto Tower, set to be completed by 2027. The tower will be dedicated to blockchain, DeFi, and Web3 businesses, featuring 9 floors for crypto startups and mature companies, 3 floors for blockchain incubators and investment, and additional amenities such as an NFT art gallery, a gold bullion shop, an exotic car dealership, and a secure vault. This development underscores Dubai's commitment to becoming a leading hub for Web3 technologies.
View original story
Markets
Yes • 50%
No • 50%
Public announcement or press release from DMCC or involved parties about the opening of a blockchain incubator in the Crypto Tower
Yes • 50%
No • 50%
Official tenant list or announcement from DMCC or the Dubai government confirming a Fortune 500 company as an anchor tenant
Yes • 50%
No • 50%
Official press release or announcement from DMCC or the company involved
Yes • 50%
No • 50%
Official announcement from Dubai government or DMCC regarding the completion of the Crypto Tower
Yes • 50%
No • 50%
Official announcement from Dubai government or DMCC confirming completion
No • 50%
Yes • 50%
Conference announcements or official events calendar
5 to 7 floors • 25%
Less than 5 floors • 25%
None • 25%
8 to 9 floors • 25%
Official occupancy report or announcement from DMCC or the Dubai government
Exotic Car Dealership • 25%
NFT Art Gallery • 25%
Secure Vault • 25%
Gold Bullion Shop • 25%
Official announcements from DMCC or relevant businesses
Coinbase • 25%
Other • 25%
Binance • 25%
Ripple • 25%
Public announcement or press release from DMCC or involved parties
Secure vault • 25%
NFT art gallery • 25%
Exotic car dealership • 25%
Gold bullion shop • 25%
Public announcement or press release from DMCC or involved parties
Asia • 25%
Other • 25%
North America • 25%
Europe • 25%
Tenant nationality data from DMCC or Dubai government
Blockchain Incubators • 25%
Investment Firms • 25%
Other • 25%
Crypto Startups • 25%
Tenant announcements from DMCC or the Dubai government