The Dubai Multi Commodities Centre (DMCC) has registered a staggering growth in the first half of 2025. The industrial freezone said that its crypto centre alone logged a year-on-year (YoY) growth of 38 percent.
In an announcement shared on Monday, August 11 the DMCC said its overall ecosystem added 1,100 new companies between January and July this year — bringing the total tally upto 26,000 companies. Out of these, 3,300 companies are from the tech sector.
DMCC said that its crypto centre has surpassed 700 companies overall.
“Leading firms such as Bitcoin.com and Animoca Brands established their first regional offices in the district,” the announcement noted.
The DMCC had launched its crypto centre back in December 2022. It is located in Dubai’s Almas Tower. At the time, CV Labs and its investment arm CV VC was onboarded by the DMCC to provide co-working spaces for crypto startups, along with capital and advisory services.
The aim of launching this centre was to rope-in larger crypto and blockchain firms to Dubai.
In 2023, the DMCC announced a partnership with Solana to provide the blockchain infrastructure within the economic freezone.
Having clocked this growth in its crypto ecosystem, the DMCC is now focusing on the construction of its Crypto Tower.
Explaining the project, the DMCC called it, “a landmark 17-storey project in JLT that will include over 150,000 square feet of leasable space, nine floors, three dedicated floors for blockchain incubators, an AI innovation floor, a crypto club, gold bullion shop and vault storage area.”
Calling the growth of its ecosystem a milestone development, a LinkedIn update by Belal Jassoma, senior DMCC director highlighted that the DMCC gaming centre has surpassed 140 members, whereas its AI centre has exceeded 110 corporate registrations.