DWF Labs Reaffirms Web3 Expansion Amid Market Challenges
Dubai, UAE, July 11th, 2024, Chainwire
DWF Labs, a new generation Web3 market maker and investment firm, has announced ambitious plans for continued growth and innovation despite challenging market conditions. Since its inception, the company has been on an expansion trajectory, with its journey ahead promising to be even more robust and dynamic. The recent launch of its new website is one of many steps DWF Labs is taking to better align their efforts in greater transparency and fair market practices.
In 2023, DWF Labs was recognized by Binance to be the most active investor and Bybit’s top liquidity provider. The firm is determined to continue this momentum in 2024 and beyond, pushing forward with its expansion and hiring plans, doubling down on investments, even as other VCs withdraw or scale back.
DWF Labs aims to be the next-generation liquidity partner of choice, providing end-to-end support for its portfolio companies, including marketing, key opinion leader (KOL) services, launching funds, operating nodes and more. Its history as a high-frequency trading (HFT) firm underscores its deep expertise and commitment to excellence in this space.
“DWF Labs is dedicated to growth and success, evolving with the market, and continuing its commitment to building with outstanding projects through all market conditions,” said Andrei Grachev, Managing Partner at DWF Labs. “Our vision is to support and nurture the Web3 ecosystem, providing the necessary infrastructure and resources to help projects succeed.”
This global expansion is a clear signal that the firm is positioning itself as a stabilising force amidst market volatility. The company’s commitment to supporting Web3 projects remains unwavering, and it is launching new funds to fuel this growth. For example, they recently announced Cloudbreak Fund has allocated $20M to startups in Chinese-speaking regions focused on GameFi, SocialFi, Memecoins, Derivatives, and Layer 1/Layer 2 infrastructure projects.
Looking forward, DWF Labs will continue to launch funds in other regions to support the global Web3 ecosystem and beyond. The company’s expansion and dedication to innovation solidifies DWF Labs’s position as the most active and important company in the industry.
Projects and founders are encouraged to join DWF Labs on this journey. For more information, visit: www.dwf-labs.com
About DWF Labs
DWF Labs is the new generation Web3 investor and market maker, one of the world’s largest high-frequency cryptocurrency trading entities, which trades spot and derivatives markets on over 60 top exchanges.
Learn more: https://www.dwf-labs.com/