Key takeaways
- DWF Labs remains the most active investor, expanding support for Web3 projects.
- The company launched Cloudbreak Fund with $20M for Chinese-speaking regions.
- Future funds will target global growth in the Web3 ecosystem.
DWF Labs boosts Web3 projects
DWF Labs is a leading Web3 market maker and investment firm. They have unveiled plans for significant growth and innovation despite current market conditions. The firm is known for its active investments and liquidity provisions and is dedicated to expanding its support for Web3 projects globally.
In 2023, DWF Labs was recognized by Binance as the most active investor and Bybit’s top liquidity provider. The company intends to maintain this momentum in 2024 and all the years to come.
They have announced their expansion plans on x.com
Commitment to Web3 innovation
DWF Labs aims to be the premier liquidity partner by offering comprehensive support to its portfolio companies. That includes marketing, key opinion leader (KOL) services, fund launches, and node operations. Their background in high-frequency trading highlights their expertise and dedication to the industry.
“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. Our vision is to support and nurture the Web3 ecosystem, providing the necessary infrastructure and resources to help projects succeed.”
—Andrei Grachev, Managing Partner at DWF Labs
Cloudbreak Fund: A new initiative
DWF Labs recently announced the launch of the Cloudbreak Fund, which has allocated $20 million to startups in Chinese-speaking regions. This fund focuses on various sectors, including GameFi, SocialFi, Memecoins, Derivatives, and Layer 1/Layer 2 infrastructure projects. This initiative reflects DWF Labs’ strategy to back innovative projects and drive growth in the Web3 space.
Future plans for global expansion
Looking ahead, DWF Labs plans to launch additional funds in other regions to support the global Web3 ecosystem. This expansion emphasizes the company’s role as a stabilizing force in the volatile market.
The bottom line
DWF Labs is moving ahead with its growth plans and commitment to Web3 projects, reinforcing its position as a leading investor and market maker in the cryptocurrency space. DWF Labs is playing a pivotal role in the future of Web3 by launching new funds and maintaining support for innovative projects
