Dubai is set to break ground on the world’s first Crypto Tower to house blockchain, DeFi, and Web3 companies. The Dubai Multi Commodities Centre (DMCC) and REIT Development announced plans on Jan. 15 to build a 17-story Crypto Tower, set to open in 2027. The tower will offer over 150,000 square feet of space, including nine office floors. It will cater to blockchain incubators, venture capital firms, and AI innovation centers, marking a significant step in Dubai's push to become a global leader in cryptocurrency and digital asset development. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io