The launch of Crypto Tower in Dubai’s Jumeirah Lakes Towers (JLT) marks a significant step in supporting the city’s growing blockchain, DeFi, and Web3 industries. Developed by DMCC in partnership with REIT Development, the 17-story tower is set to enhance the DMCC Crypto Centre’s ecosystem, positioning Dubai as a global hub for technological innovation. The tower is expected to be completed by Q1 2027, with full operations commencing shortly after.
Spanning over 150,000 square feet of leasable space, Crypto Tower will offer cutting-edge infrastructure, designed to boost collaboration and growth within the crypto and blockchain sectors. The tower will feature nine floors of office space for both startups and established businesses, alongside three floors dedicated to blockchain incubators, venture capital firms, and investment companies. A dedicated AI innovation floor powered by Chatoshi.ai will also be a key feature.
In addition to office and business spaces, the tower will include a 10,000 sq. foot indoor event space, a 3,500 sq. foot outdoor area for events, and an exclusive 30,000 sq. foot crypto club on the top floors. Utilising blockchain technology to streamline tenant interactions, Crypto Tower aims to reduce administrative burdens and enhance transparency, setting a new standard for community management and decision-making within the industry.
Gulf Economist Staff Writer