Bybit has entered into a multi-year strategic partnership with Ghaf Labs, a UAE-based Web3 advisory firm, to fast-track blockchain adoption and ecosystem development across the Middle East and North Africa (MENA) region.
The collaboration formalized through a signed Memorandum of Understanding (MOU) sets out a shared commitment to supporting real-world blockchain applications. Through the partnership, the firms will provide equity-free grants, startup support, and access to strategic resources to accelerate innovation across the region. Backed by Ghaf Capital Partners, Ghaf Labs contributes deep regulatory insight and regional expertise crucial for scaling blockchain ventures in one of the world’s fastest-growing digital economies.
Highlighting the alliance’s broader vision, Helen Liu, COO and Partner at Bybit, stated:
“Our partnership with Ghaf Labs is rooted in a shared vision for the MENA region—one where crypto isn’t just adopted, but lived. From developer tooling to lifestyle integration, we’re building the bridges that bring crypto into everyday life.”
Building on this shared mission, the partnership includes the rollout of targeted educational initiatives, including university collaborations, developer boot camps, and hackathons. These programs are designed to cultivate Web3 talent across Arabic- and English-speaking communities, further strengthening the region’s blockchain workforce.
In addition to talent development, firms focus on talent development and demonstrate the practical use of digital assets through products like the Bybit Card, which offers luxury lifestyle experiences. They plan to enhance regional engagement by co-hosting events such as The Crypto Polo Cup and Crypto Fight Night, combining Web3 culture with luxury and entertainment.
Reflecting on the broader implications of the collaboration, Feras Al Sadek, Co-Founder and Managing Partner at Ghaf Labs, noted:
“This partnership with Bybit reflects our shared commitment to advancing Web3 infrastructure, education, and institutional engagement across the MENA region.”
Looking ahead, the two partners plan to jointly explore institutional integrations, innovation funding, and new blockchain-powered applications across sectors such as finance, hospitality, and education.
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