According to Foresight News, DWF Labs has announced the renewal of its partnership with the Dubai Multi Commodities Centre (DMCC). The primary goal of DWF is to invest in 50 startups operating in the Web3 domain. The company plans to make additional investments specifically in the best-performing companies, with the potential to receive up to $500,000 in investment.
In previous news from Foresight News, it was reported that DWF Labs had collaborated with DMCC in March 2023. As part of this collaboration, a $5 million growth platform was provided at the DMCC Crypto Centre for Web3 and blockchain enterprises.