DWF Labs Launches First Crypto-Backed Mortgage in UAE, Revolutionizing Property Finance

DWF Labs, a leading global Web3 venture capital and market-making firm, has announced the launch of the first crypto-backed mortgage in the United Arab Emirates (UAE). This groundbreaking move signifies a significant step towards integrating blockchain finance with traditional real estate markets. The announcement was made by DWF Labs co-founder Andrei Grachev on X, revealing an agreement with a major UAE real estate agency. While official details are still forthcoming, this development signals a powerful convergence of digital assets and property finance. !