TheBlock's Ecosystem Surges to $11.2 Billion in Active Projects

TheBlock, an international chamber of virtual assets based in Dubai, has released its latest Impact and Performance Report, revealing over $11.2 billion in active virtual asset projects within its ecosystem. This report underscores TheBlock’s pivotal role in connecting founders, institutions, and regulators in one of the world’s fastest-growing crypto economies. The chamber, situated in One Central and Dubai World Trade Centre, is emerging as a growth engine for Web3 ventures, providing capital, infrastructure, licensing, and regulatory coordination.

“Our growth is not just measured in numbers. It’s measured in outcomes,” said Farbod Sadeghian, Founder of TheBlock. “We provide the capital, legal structure, regulatory access, infrastructure and strategic partners to go from idea to institution.”

The Middle East and North Africa (MENA) region saw $338.7 billion in crypto transactions between July 2023 and June 2024, with the UAE being the strongest driver of institutional activity due to its advanced digital asset regulatory frameworks and DeFi engagement. This aligns with a global crypto report which named the UAE as one of the most progressive countries for virtual asset governance.

In this regulatory-friendly environment, TheBlock is growing the ecosystem and building the infrastructure underneath it. Its advisory division has delivered 27 virtual asset licenses this year alone and is known for navigating complex licensing regimes with speed and precision.

TheBlock’s Impact Report also references a joint study by Ripple and BCG, which projects that tokenized real-world assets (RWAs) will grow from $0.6 trillion today to $18.9 trillion by 2033, with $9.4 trillion by 2030. This is a 53% compound annual growth rate that reveals the need for infrastructure players like TheBlock to prepare ecosystems to support asset digitization at scale. With its presence in policy, capital, and technical operations, TheBlock is already creating the multi-stakeholder environments needed for this next trillion-dollar leap.

Recently, TheBlock launched its Investor Circle, a curated network of over 70 venture capital firms and family offices, and welcomed new high-profile members, including Solana, Avalanche, Polymesh, and Real Vision. The chamber also facilitated over 520 B2B introductions, giving startups access to global markets and capital networks.

At Token2049 Dubai, TheBlock co-hosted side events with industry giants and drew in thousands of founders and investors. The organization also expanded internationally with high-profile activations at Paris Blockchain Week, Berlin Blockchain Week, and Istanbul Blockchain Week, where it mentored high-growth startups and delivered keynotes.

Beyond investment, TheBlock provides a full-stack growth platform for crypto businesses. From onboarding compliance partners and liquidity protocols to Layer-1 chain integrations, the chamber enables seamless navigation from idea to execution. Its legal advisory team is one of the most trusted in the UAE crypto, especially for projects requiring regulatory setup and rapid licensing approvals.

TheBlock also plays a key role in workforce development, connecting member companies to talent via university partnerships and global hiring initiatives. Its print and digital media arms, The Block Times and TheBlock.Talks, are platforms to amplify the voices of builders and regulators shaping the future of tokenized finance.

The Impact Report shows clearly: TheBlock is not just growing UAE crypto adoption but also building the regulatory, financial, and technical frameworks to support it. In a global market still finding its footing, the UAE via TheBlock is quietly building a model for responsible innovation and capital efficiency in Web3. With eight international outposts, two flagship venues, and $11.2 billion in project volume, TheBlock is set as a global force in the digitization of real-world value.

Garnering $11.2 billion in active projects and partnerships with global VC firms, exchanges, and regulators, TheBlock is reconceiving how Web3 ecosystems are built. Operating at the intersection of regulation, infrastructure, and capital, it has shown that it is a next-gen model for institutional crypto growth, not just vision but execution.