DWF LABS for the first time a $ 250 million fund to Power Web3 Innovation

Dubai -based DWF LABS has announced the launch of a $ 250 million liquid fund aimed at expanding Blockchain projects of different sizes.

According to a joint press statement with Cryptopotato, the fund will provide investments ranging from $ 10 million to $ 50 million per project, with a focus on speeding up the accreditation of Web3.

“DWF LABS, Crypto New Generation, is excited to announce the launch of their liquid box that aims to accelerate the adoption and expansion of medium and large encryption projects,” read this announcement.

Liquid

Crypto’s active investment in its active investment in Crypto, Market Maker has already allocated more than $ 11 million to Blockchain initiatives in the last two weeks alone. As part of this procedure, he is preparing to finish the finishing touches on two investment agreements, one for $ 25 million and another for $ 10 million, with other ads expected soon.

This initiative is designed to provide both financial support and the development of the Blockchain projects that pay wider accreditation. Each dedicated strategic investment will include Stablecoin TVL and expand the ecosystem to enhance activity of liquidity and financing (DEFI) for layer 1 and layer networks 2.

It will also support the development of the lending market to enhance financial infrastructure, public relations, and to amplify the brand to increase the vision, in addition to the strategy of going to the market to attract merchants and develop the participation of owners of the distinguished symbol.

André Grachiv, the DWF Labs administrative partner, said: “Through this fund, we double our mission to accelerate innovation and adoption Web3,” said André Grachiv, the DWF Labs administrative partner. He added: “We believe that the strategic capital, in addition to developing the practical ecosystems, is the key to canceling the next wave mode of the industry.”

History of DWF Laboratory

DWF LABS was a major player in the scaling of Blockchain, as it supported many other leading projects in the industry.

The company has made a partnership with more than 700 projects, providing liquidity and marketing services across 60 central and non -central exchanges. This includes investing in symbols ranging from coins to cryptocurrencies of the blue slide. The fund of $ 250 million will celebrate the next stage of its commitment to establishing a long -term value in the encryption space.

The development comes after more than a month from 0G Foundation Firing 88 million dollar environmental system to accelerate projects that create defi applications and independent agents, also known as Defai agents. The project received support from strategic investors, including Hack VC, Delphi Ventures, Bankless Ventures and OKX Ventures.