“The Market maker and Venture Cryptoinvestor DWF Labs has announced the creation of a $ 250 million Liquid Fund fund. The purpose of the initiative is to develop medium and large blockchains that can promote mass implementation of Web3. The Fund is already preparing two transactions for $ 25 million and $ 10 million. According to DWF Labs, projects will be able to receive investments in the amount […]”, – WRITE: Businessua.com.ua
Market maker and venture cryptoinvestor DWF Labs announced the creation of a $ 250 million Liquid Fund fund.
The purpose of the initiative is to develop medium and large blockchain projections, which can contribute to the mass implementation of Web3.
Two agreements are already being prepared within the Fund for $ 25 million and $ 10 million. According to DWF Labs, projects will be able to receive investments of $ 10 million to $ 50 million.
In addition to capital, DWF Labs integrates strategic support for ecosystem growth, including marketing, infrastructure improvement and long -term development plans.
Part of the initiative is to strengthen the liquidity for L1 and L2 networks, to create lending markets, and the software expansion of the token owners.
“We believe that strategic capital, combined with the practical development of the ecosystem, is the key to opening the next wave of industry growth,” said DWF Labs co -founder Andriy Grachov.
Experts believe that overcoming difficulties when working with blockchain will increase the number of users. This was stated by the director of the COINBase Engineering Department Chintanan Turakia in an interview with Cointelegraph.
In his opinion, in order to reach a billion users, the industry needs to get rid of problems such as the complexity of setting up wallets, a commission for transactions and the purchase of native token to use networks.
Recall that in October 2024, DWF Labs announced a platform for launching meme coins.
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