Efficient separation of acetylene (C2H2) from carbon dioxide (CO2) and ethylene (C2H4) is a significant challenge in the petrochemical industry due to their similar physicochemical properties. Pore space partition (PSP) has shown promise in enhancing gas adsorption capacity and selectivity by reducing pore size and increasing the density of guest binding sites. Herein, we firstly employ the 2D→3D polycatenation strategy to construct a PSP metal‐organic framework (MOF) Ni‐dcpp‐bpy, incorporating functional N/O sites to enhance C2H2 purification. The polycatenated framework with optimized pore size and regularity, exhibiting significant improvements over traditional PSP MOFs by resolving the critical contradiction of balancing C2H2 uptake (98.5 cm3 g‐1 at 298 K, 100 kPa) and selectivity of C2H2/CO2 (3.4), C2H2/C2H4 (5.9), and C2H2/CH4 (96.4) in a MOF. Breakthrough experiments confirm high‐purity C2H4 (> 99.9%) and high C2H2 productivity from binary and ternary mixtures. Notably, Ni‐dcpp‐bpy exhibits excellent water stability, scalability, and regenerability after 20 cycles for separating C2H2/CO2. Theoretical calculations verify that the strong binding of C2H2 is mainly attributed to the C−H···O/N interactions between host Ni‐dcpp‐bpy and guest C2H2 molecules. The polycatenation strategy not only improved industrial C2H2 purification efficiency but also enriched the design diversity of customized MOFs for other gas separation applications.