Bybit, the world’s second-largest cryptocurrency exchange by trading volume, and Ghaf Labs have entered into a multi-year strategic partnership to drive crypto adoption, ecosystem development, and real-world utility across MENA.
The partnership highlights a mutual commitment to cementing the region’s position as a global Web3 hub by advancing innovation, supporting regulatory clarity, and fostering meaningful use cases that integrate blockchain into daily life.
Ghaf Labs, a Web3 boutique advisory and consultancy firm backed by Ghaf Capital Partners Dubai’s pioneering blockchain-focused private capital firm, provides tailored advisory and incubation services to Web3 ventures across the MENA region.
The firm, with its robust regional network and regulatory insight, plays a key role in accelerating blockchain projects in one of the fastest-growing digital economies
Under the partnership, Bybit and Ghaf Labs will provide equity-free grants, startup support, and access to strategic resources for ventures exploring blockchain, AI, and sustainability—sectors that play key role in the region’s digital transformation.
Helen Liu COO – Bybit
“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.”
The partnership will also launch educational initiatives, such as university partnerships, bootcamps, and developer hackathons, aimed at developing local Web3 talent. Additionally, both parties will co-develop educational content to enhance Web3 literacy across Arabic- and English-speaking communities in the region.
“This partnership with Bybit reflects our shared commitment to advancing Web3 infrastructure, education, and institutional engagement across the MENA region. Together, we aim to accelerate innovation and continue to position the UAE as a global hub for digital assets,” added Feras Al Sadek, Co-Founder and Managing Partner at Ghaf Labs.
The collaboration also highlights the real-world utility of crypto through lifestyle applications like the Bybit Card. This product connects digital assets with premium experiences, including exclusive access through partners such as Grand Millennium Hotels in Dubai—highlighting the role of crypto in elevating travel, luxury, and everyday spending.
Furthermore, the partnership will elevate the regional event scene, co-branding marquee events like The Crypto Polo Cup and Crypto Fight Night. By blending luxury, sport, and Web3 culture, these gatherings seek to amplify awareness and engagement.
Together Bybit and Ghaf Labs will explore innovation funding, institutional integration, and blockchain-powered use cases across various fields such as finance, hospitality, education, and beyond, contributing to a resilient Web3 infrastructure in MENA.
Moreover, this strategic alliance strengthens the UAE’s position as a forward-thinking jurisdiction and reflects Bybit’s commitment to investing in the region’s digital future.
