Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has announced the extension of its strategic partnership with Dubai Multi Commodities Centre, DMCC. After a year of successful collaboration, Bybit announcment includes its new role from a key ecosystem partner to an advisory role, enhancing its position as a force in Dubai’s crypto and Web3 industry.
This elevated partnership marks a new chapter in Bybit and DMCC’s joint commitment to fostering growth and development of the region’s crypto ecosystem. From August 2024 to July 2025, Bybit will serve as a DMCC Ecosystem and Advisory Partner, providing strategic guidance to the DMCC Crypto Center and its members on key initiatives.
To further bolster Dubai’s position as a global crypto hub, Bybit and DMCC Crypto Center will co-organise two major industry events this year: a global hackathon and a flagship conference. The hackathon will nurture innovation by supporting developers in building web3 projects, while the conference will position Dubai as a thought leadership centre by bringing together industry experts and key opinion leaders.
By taking on an advisory role, Bybit will leverage its deep industry expertise to shape the future of Dubai’s crypto and Web3 industry. This collaboration underscores Bybit’s unwavering commitment to supporting Dubai’s vision of becoming a global crypto and Web3 hub.
“We are honoured to be the first organisation appointed to this advisory role by DMCC,” said Helen Liu, Chief Operating Officer at Bybit. “By taking on an advisory role, we are excited to leverage our expertise to drive innovation and support the growth of the industry in Dubai.”
Belal Jassoma, Director of Ecosystems, DMCC, added “We are thrilled to expand this through Bybit’s advisory role, which will support our Crypto Centre members in new ways as they look to scale their crypto businesses and tap into some of the world’s most exciting markets.”