RockawayX, a global venture capital firm supporting Web3 founders, has announced the opening of its UAE headquarters.
The firm also revealed Solana City, an innovative collaborative workspace and ecosystem aimed at positioning Dubai as the global hub for blockchain innovation.
“Relocating the headquarters to the UAE was a strategic move, given that the country has the highest crypto adoption rate in the world – 3 million crypto owners, making up 30 per cent of the population,” stated RockawayX in a press release.
Viktor Fischer, CEO of RockawayX, shared that Dubai is poised to surpass Europe and challenge the United States as the next global blockchain centre.
“With progressive regulations, infrastructure designed for rapid growth, and crypto adoption exceeding 30 per cent – the highest globally – Dubai offers precisely what is required for the next decade of Web3 innovation,” said Fischer, a former McKinsey associate partner and graduate of HEC Paris and INSEAD, who is steering RockawayX’s long-term expansion in the UAE.
RockawayX extends operations to Dubai
Solana City will be located in Q East, a notable landmark within Dubai’s evolving, technology-driven landscape, featuring state-of-the-art facilities built around cutting-edge technology.
“Dubai has established itself as a global centre for blockchain innovation. I am thrilled to support RockawayX with Solana City – a bold initiative that will provide our UAE ecosystem with the infrastructure required for growth, benefiting both Solana and the local economy,” said Alex Scott, Superteam Middle East.
The announcement regarding the new headquarters and Solana City comes after a year of groundwork in the region, during which RockawayX moved senior leadership and engineering talent from Europe, hired regional professionals, and invested over $3 million locally.
Dubai now serves as the permanent base for a 10-person team, positioning the firm at the centre of one of the world’s fastest-growing crypto economies. The engineering-focused blockchain investment firm manages over $2 billion in assets.
Under Fischer’s leadership, RockawayX is emerging as a regional counterpart to firms like Galaxy Digital, combining venture capital, infrastructure, and innovation, all underpinned by extensive technical expertise.
A key element of the firm’s UAE strategy is Solana City, a co-working and ecosystem-building initiative created by RockawayX.
