PANews reported on December 15 that according to official news, DWF Labs announced that it had signed a memorandum of understanding (MOU) with the Blockchain Center Abu Dhabi, aiming to strengthen the Web3 ecosystem in the entire Middle East. Specific initiatives include cooperating to launch an accelerator program to foster early cryptocurrency projects, providing ecosystem grants, and providing strategic consulting services to help projects achieve sustainable growth. DWF Labs will also support crypto builders to establish partnerships to support the development of crypto projects and their adoption in the Middle East.