How venture capital influences crypto market, and why more and more blockchain projects seek VC funding?
DWF Labs, a leading research organization, has announced the renewal of its partnership with DMCC, the world's flagship free zone and Government of Dubai Authority on commodities trade and enterprise.
This collaboration aims to drive innovation and growth within the MENA region's blockchain ecosystem, with a focus on supporting early-stage startups and providing access to global crypto venture capital.
DWF Labs is committed to investing in 50 startups operating in the web3 space, with a significant investment of $500,000 reserved for the most promising business. The partnership builds upon the foundation laid by the previous agreement, which included the establishment of a $5 million growth platform for Web3 businesses at the DMCC Crypto Centre.
The collaboration centers around the DWF Venture Studio, which offers a range of benefits to startups based in DMCC, such as consultancy, crypto market making services on Tier-1 and Tier-2 digital asset exchanges, and workshops. The DMCC Crypto Centre serves as a comprehensive ecosystem for companies developing Web3 and blockchain technologies, with 600 businesses currently operating in the space, making it the highest concentration of crypto firms in the region.
With TOKEN2049 Dubai on the horizon, DWF Labs is preparing to showcase the transformative opportunities available within the MENA blockchain landscape. Startups and entrepreneurs are encouraged to join the DMCC Crypto Centre and leverage the resources and support provided by the DWF Venture Studio.
Andrei Grachev, Managing Partner at DWF Labs, expressed excitement about the partnership renewal, stating:
‘We are excited to renew our partnership with DMCC and continue our mission of driving innovation and growth within the MENA blockchain ecosystem. As we prepare for TOKEN2049 Dubai, we encourage startups and entrepreneurs to join us in harnessing the potential of the DMCC Crypto Centre and the DWF Venture Studio.’
The move is set to improve crypto liquidity management and asset governance of the DeXe Protocol
DWF Labs announced a cooperation with the Web3 browser Carbon Browser.
GraphLinq Secures Investment from DWF Labs to Expand Ecosystem.
Underscoring its ongoing expansion into DeFi, DWF Labs has announced a strategic investment in Orion (ORN), accompanied by a decision to lock their ORN tokens for 12 months. This move not only signals robust confidence in Orion’s vision by the leading crypto venture capital and market making firm, but also strengthens the blockchain project’s position as a transformative DeFi protocol.
Overall, the backing from DWF Labs highlights the firm’s commitment to nurturing projects that drive substantial advancements in the industry, ensuring that both parties share a vision for long-term growth and crypto market evolution.
One noteworthy aspect of this collaboration is the decision by DWF Labs to lock their ORN tokens for a full year. This measure demonstrates an enduring commitment to the project’s future, providing a solid foundation for Orion to develop and execute its ambitious plans without the distraction of short-term market fluctuations. Further, Orion is set to pivot towards DeFi infrastructure of Lumia.
DWF Labs has consistently demonstrated its ability to identify and fund projects with disruptive potential, such as DeXe Protocol.
By aligning long-term interests and resources, both parties are well-positioned to catalyse advancements in blockchain technology, setting the stage for a more resilient and dynamic DeFi ecosystem.
DWF Labs has announced a large strategic investment in Prom. This is Web3 gaming’s turning point.
DWF Labs, the new generation Web3 investor and liquidity provider, has committed to investing $10 million in TokenFi’s TOKEN over a two-year period, marking a significant step in the platform’s expansion towards AI-powered product development.
DWF LABS TO PURCHASE $10,000,000 IN TOKENFI TOKENS
— TokenFi (@tokenfi) March 5, 2024
DWF Labs will purchase $10,000,000 in $TOKEN as part of their commitment towards supporting #TokenFi’s vision of becoming a dominant player in the tokenization industry, which is projected to be worth $16 trillion by 2030.
FULL… pic.twitter.com/fo7co1uW4e
According to CoinDesk, which cited one of the TokenFi developers, tokens will be purchased directly from TokenFi’s treasury, ensuring that ample resources are available to launch new products, such as a generative AI tool for non-fungible tokens (NFTs) and a smart contract auditor. These initiatives are expected to give TokenFi a competitive edge as the tokenisation and AI trends intensify, setting the stage for what could become one of the most dynamic bull runs in crypto.
This is yet another milestone in the partnership: earlier, DWF Labs became TokenFi’s principal crypto liquidity provider.
TokenFi, established in 2023 as a sister project to Floki, offers users a user-friendly online interface to launch or tokenise assets without writing code. Initially emerging from its roots as a dog-themed memecoin, the Floki project has evolved into a platform that encompasses the metaverse and DeFi functionalities.
Our company is known for being the leader in crypto venture capital and market making.