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3232DMCC Crypto Centre Surpasses 500 member companies in 2022
https://www.digit.info/dmcc-crypto-centre-surpasses-500-member-companies-in-2022/
Sat, 14 Jan 2023 11:30:50 +0000https://www.digit.info/2023/01/14/dmcc-crypto-centre-surpasses-500-member-companies-in-2022/Read more]]>The presence of over 500 blockchain and Web3 firms inside the Dubai Multi Commodities Centre (DMCC)’s Crypto Centre shows that demand for space is still very high, a statement has said. According to CEO at DMCC Ahmed Bin Sulayem, the “record-high” number of overall new company registrations indicates the extent of investors’ “confidence in the […]
]]>Dubai Multi Commodities Centre to Issue Gold Backed Tokens Using the Xinfin Blockchain Protocol
https://www.digit.info/dubai-multi-commodities-centre-to-issue-gold-backed-tokens-using-the-xinfin-blockchain-protocol/
Wed, 23 Nov 2022 19:00:39 +0000https://www.digit.info/2022/11/23/dubai-multi-commodities-centre-to-issue-gold-backed-tokens-using-the-xinfin-blockchain-protocol/Read more]]>The Dubai Multi Commodities Centre (DMCC) has announced a new partnership with the firm Comtech Gold in order to digitize gold trading. The DMCC said the tokenized precious metals are backed by DMCC Tradeflow-registered gold bars, and each tokenized gold bar “will be backed by a Tradeflow warrant.” DMCC to Digitize Tradeflow-Registered Gold Bars via […]
]]>Crypto and Blockchain Firms Constitute 16% of UAE Free Zone’s Record Q1 Company Registrations
https://www.digit.info/crypto-and-blockchain-firms-constitute-16-of-uae-free-zones-record-q1-company-registrations/
Sat, 16 Apr 2022 02:30:37 +0000https://www.digit.info/2022/04/16/crypto-and-blockchain-firms-constitute-16-of-uae-free-zones-record-q1-company-registrations/Read more]]>Crypto and blockchain firms constituted 16% of the 655 new company registrations that were recorded in Q1 of 2022, the Dubai Multi Commodities Centre (DMCC) has said. The surge in crypto-related registrations also coincided with a quarterly period in which the DMCC is reported to have recorded its “highest Q1 performance” since inception. Rise in […]