Solana City launches in Dubai as crypto hub
Blockchain investor RockawayX unveils $3M project with plans to expand, relocating its HQ to the UAE
RockawayX has announced plans to build Solana City in Dubai, which it is calling a “bold new technology hub”.
The blockchain firm has invested more than $3 million locally and built a 10-person regional team.
Solana City will serve as Dubai’s first physical blockchain ecosystem hub with plans to scale 10x. Solana already operates economic zones, which are pop-up areas designed to integrate its technologies into Dubai’s local economy, including job creation, education, regulatory work, and merchant adoption.
Viktor Fischer, CEO of RockawayX, envisages Solana City as “an iconic landmark in the shifting and technology centric landscape of Dubai and will be home to a brave new generation.”
RockawayX is an engineering-first blockchain investment firm managing more than $2 billion in assets. It said moving its headquarters to the UAE was a strategic decision, given the country’s high crypto penetration rate.
Alex Scott, from Solana Superteam Middle East, added: “I'm excited to support RockawayX on Solana City – a bold initiative giving our ecosystem in the UAE the infrastructure it needs to scale, benefiting both Solana and the local economy.”
Solana City, a co-working and ecosystem-building initiative, will start with 48 initial units with plans to scale tenfold as a dedicated hub for blockchain builders, funders and founders.
It represents the first physical blockchain city in Dubai, echoing the Emirate’s successful vertical clusters in media, healthcare, and fintech, and opens new partnership opportunities across sectors.
RockawayX is also developing and investing in blockchain infrastructure built for AI agents. These are autonomous programmes that transact, invest, and execute on-chain on behalf of users.
The firm has strategic alliances with hundreds of major players including Binance, Bybit, A16z Crypto, Solana, and the Wormhole protocol.
