DWF Labs launches $250m fund to back crypto projects
DWF Labs is deploying $250 million to drive crypto growth, with $25 million and $10 million deals already secured.
Crypto trading firm DWF Labs is launching a $250 million Liquid Fund to support mid and large-cap crypto projects, saying it aims to accelerate adoption and expansion in the industry.
In a March 24 blog announcement, DWF Labs said that the fund will provide investment sizes ranging from $10 million to $50 million per project. The firm says it has already committed $25 million and $10 million to two undisclosed projects, with more deals expected in the coming months.
Andrei Grachev, managing partner at DWF Labs, says the firm is looking to expand its efforts in accelerating web3 adoption, emphasizing…
