Dubai’s Crypto Tower to Revolutionize Blockchain and Web3 Innovation by 2027
Dubai Multi Commodities Centre (DMCC) and REIT Development have announced the launch of the Crypto Tower, a 17-story landmark set to be completed by Q1 2027. Designed to support blockchain, DeFi, and Web3 companies, the tower will provide over 150,000 square feet of leasable space, including nine floors of advanced offices, three floors for blockchain incubators and venture capital firms, and a dedicated AI innovation floor.
The state-of-the-art tower will also feature a 10,000-square-foot indoor event space and a 3,500-square-foot outdoor area for hosting blockchain and crypto events. The top three floors will house a 30,000-square-foot crypto club, offering networking opportunities and leisure amenities.
Leveraging blockchain technology, the Crypto Tower will streamline tenant interactions with on-chain voting mechanisms, smart contracts, and automated services, ensuring greater trust, transparency, and reduced administrative burdens.
Additional high-end features include an NFT art gallery, a gold bullion shop, an exotic car dealership, and a secure 5,000-square-foot vault for storing valuables like gold, cash, and cold wallets.
Ahmed Bin Sulayem, Executive Chairman and CEO of DMCC, said, “The Crypto Tower is a pioneering development at the intersection of blockchain, Web3, and real estate, offering cutting-edge facilities and services for our members.”
