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Blockchain
Business Fortune
23 June, 2025
A crypto hub in Chicago is being planned by Dr. Anosh Ahmed to boost economic growth, employment, and education in a long-ignored neighborhood.
Dr. Anosh Ahmed, a physician, entrepreneur, and Republican leader from Chicago is moving forward with his ambitions to turn an abandoned warehouse on the city's West Side into a center for blockchain and cryptocurrency research. The initiative comes as federal support for digital asset technology is growing, bolstered by the Trump administration's most recent pro-crypto policy stance.
In an area that has seen decades of underinvestment, the project aims to promote long-term economic development, education, and job creation. According to Dr. Ahmed, this is about creating a future economy in our community, not just about cryptocurrency. They are bringing an opportunity where it has long been denied.
With the help of IT industry partners and private finance, the 100,000-square-foot warehouse that has been vacant for more than a decade is being renovated. Plans call for setting up blockchain research laboratories, fintech teaching centers, startup coworking spaces, worker training initiatives, and cryptocurrency mining operations.
There is more to this project than just technology. According to Dr. Ahmed, it's about providing genuine economic possibilities to areas that are deserving of sharing in the nation's future development. For locals hoping to get involved in the digital economy, it will also provide paid Web3 certification courses, blockchain training, and internships with cryptocurrency firms, and organized career pathways. According to Dr. Ahmed, we must create pipelines into industries that are expanding rather than dying if we are to end the cycle of generational poverty.