Polytrade Finance, a protocol dedicated to addressing demand for real-world assets (RWAs), has entered into a strategic partnership with DWF Labs, a market maker and crypto venture capital firm. This collaboration is expected to have a significant impact on the future of real-world assets (RWAs) by onboarding institutions and protocols to Polytrade’s forthcoming RWA marketplace, an all-in-one hub designed to consolidate tokenization field.
We're excited for this partnership with @Polytrade_fin 🎉
— DWF Labs (@DWFLabs) November 13, 2023
Looking forward to the further growth and development of the real-world asset industry 🔥 https://t.co/EIecBR0aal
Through this partnership, Polytrade Finance will benefit from DWF Labs’ liquidity provisioning solutions, venture capital support, industry experience, and global network. As one of the largest players in the Web3 space, DWF Labs provides valuable support that is expected to help unlock key partnerships in new geographies.
Piyush Gupta, Founder of Polytrade, commented on the collaboration:
‘Polytrade was born out of a realization that core challenges in our current financial systems can be solved using blockchain, leading to not just better capital allocation but the meaningful last-mile impact. Our collaboration with DWF Labs is a testament to our commitment to redefining the real-world asset landscape. Together, we will drive innovation and transform the way global financial institutions and users access and engage with real-world assets.’
The primary focus of this partnership lies in reshaping the digital asset ecosystem and promoting innovation. With Polytrade’s innovative RWA platform set to reach a broader audience, including global financial institutions, the combined strengths and shared vision of Polytrade Finance and DWF Labs will contribute to the growth and development of the real-world asset industry.
DWF Labs, the new generation Web3 investor and market maker, has announced a strategic collaboration with Gala Games, a prominent leader in blockchain entertainment that boasts millions of users across its gaming, film, and music platform.
This new strategic partnership will support Gala in their massive and rapid expansion of their Layer 1 (L1) blockchain, GalaChain. Together with DWF Labs, the project aims to harness its expansive network of high-quality partners and experienced builders to accelerate the adoption of its L1, a common issue facing many of the crypto projects today.
‘We are actively working with thought leaders and VCs in both Web2 and Web3 to cement GalaChain as one of the preeminent blockchains for the future of decentralized technology. DWF Labs is a leader in this space and we are delighted to work closely with them on this rollout,’ said Jason Brink, Gala’s President of Blockchain.
Andrei Grachev, Managing Partner at DWF Labs, shared his anticipation for the partnership:
‘Gala Games’s ability to onboard millions of users over the last few years is a testament to its potential to rapidly growing the use of its L1 network, GalaChain. Our alliance will help amplify its dedication to advancing blockchain integration in all facets of digital entertainment.’
The joint forces of DWF Labs and Gala have strong potential to reshape the landscape of blockchain adoption.
About Gala Games
Gala Games is a comprehensive gaming and NFT platform that operates on both Ethereum and BSC networks. The platform encompasses an ecosystem of blockchain games, aiming to allow users not only to play but also trade NFTs and engage in governance.
The Gala ecosystem primarily comprises the Gala Store and Gala Games. While the store facilitates the use of GALA tokens for purchasing in-game items and NFTs, Gala Games offers a platform for accessing a series of blockchain game titles, including their flagship release, Town Star. Central to the network’s operation is its Triple Proof Node System, which relies on a hybrid consensus mechanism combining Proof-of-Work (PoW), Proof-of-Stake (PoS), and Proof-of-Storage. The system operates through three types of nodes: Founder nodes, Paid nodes, and Free nodes.
TokenFi (TOKEN) has announced a partnership with DWF Labs. This collaboration is built on DWF Labs’ strong belief in the high potential of tokenisation and conviction in the future of the Floki ecosystem, with TokenFi as its vital component.
Under the terms of the partnership, DWF Labs will serve as TokenFi’s primary crypto liquidity provider on exchanges. This commitment is designed to deepen the liquidity of TOKEN and stimulate demand among institutional and retail investors alike. Additionally, DWF Labs will play a pivotal role in the TokenFi Connect section of the platform, reinforcing its position as a key institutional partner. This initiative not only underscores DWF Labs’ dedication to TokenFi’s success but also positions the platform more favorably within the competitive institutional landscape.
What is TokenFi?
The TokenFi platform offers users a unique, code-free solution to launch tokens or tokenise real-world assets (RWAs). By enabling seamless fund-raising, exchange connectivity, and crypto liquidity provisioning, TokenFi allows Web3 projects to float tokens tied to real-world assets without the complications of securities regulations.
Moreover, the platform incentivises protocol usage through a rewards system based on daily activity, creating a flywheel effect that continuously attracts new users. Initially launching on five leading blockchains (Ethereum, BNB Chain, opBNB, Base, and Arbitrum), the protocol is set to expand its reach.
About Floki
Floki began as a community-driven memecoin and has since evolved into a comprehensive digital asset ecosystem focused on delivering tangible value to its users. The project has cultivated a strong and active community through regular social media engagement and community events, emphasizing transparency and collaborative governance.
Over time, Floki has expanded its range of applications beyond simple token speculation to include decentralized finance solutions, non-fungible tokens, and gaming platforms. This evolution is designed to empower users with practical financial and digital experiences, moving the project toward a role as a multifaceted platform.
DWF Labs has announced crypto venture funding for Port3 Network, a pioneering Web3 social data portal that is poised to reshape the way user information is acquired and aggregated in the decentralised ecosystem.
We're pleased to share that our investment in Web3 social data portal @Port3Network 🫡
— DWF Labs (@DWFLabs) October 23, 2023
Port3 is a data portal for acquiring and aggregating web3 social data. The company's in-house algorithm refines and standardizes user data, segmenting user profiles according to preference,… pic.twitter.com/p4Ix4NP7ML
Port3 Network is designed to streamline the collection and standardisation of social data from various Web3 platforms. Utilizing an in-house algorithm, Port3 refines user data by segmenting profiles based on preference, value, and authenticity. This method not only enhances data accuracy but also provides valuable insights that are critical for developers and projects seeking to engage with the Web3 community in a more meaningful way.
The recent funding is set to drive the development of BQL, an upcoming social data layer that aims to meet the evolving demands of the Web3 space. With enhanced capabilities, BQL is expected to offer improved data precision and usability, further supporting initiatives that depend on reliable social data insights.
Social data has become an essential asset in the digital age, particularly within decentralised networks. By ensuring that user profiles are accurately segmented and analyzed, Port3 Network helps create a more transparent and user-centric environment. This, in turn, can facilitate better decision-making for projects and contribute to the overall growth of the Web3 ecosystem.
DWF Labs’ investment underscores its commitment to supporting innovative solutions that address emerging challenges in the crypto and blockchain sectors. By backing Port3 Network, DWF Labs is not only endorsing a technology that streamlines social data aggregation but is also contributing to a broader initiative to enhance data infrastructure within the decentralised economy.
DWF Labs, a prominent crypto venture capital firm, has announced a strategic partnership with BinaryX, the creative force behind popular titles such as AI Hero and CyberDragon. This collaboration is designed to advance high-quality gaming experiences within the Web3 and Metaverse communities.
We are excited to announce our partnership with @binary_x, the creative minds behind games like AI Hero and CyberDragon. We support the mission to bring high-quality games to the Web3 and Metaverse community.
— DWF Labs (@DWFLabs) October 17, 2023
Apart from developing games, BinaryX offers an IGO Launchpad, a… pic.twitter.com/Y4OisBGDZl
BinaryX is a multifaceted blockchain project known not only for its innovative game development but also for its comprehensive ecosystem services. The project’s native governance and utility token, BNX, is used for various purposes, including funding and incentives for community members.
In addition to creating games, BinaryX operates an Initial Game Offering (IGO) launchpad, a specialised fundraising platform that leverages expertise in marketing, tokenomics remodeling, and design. Further enhancing its ecosystem, BinaryX offers a decentralised multi-asset marketplace powered by the BNX cryptocurrency. This marketplace provides users with a seamless environment to trade various digital assets while engaging with the broader blockchain community.
The partnership with DWF Labs underscores a shared commitment to delivering superior gaming experiences and driving innovation within the Web3 sector. By combining BinaryX’s creative and technical capabilities with DWF Labs’ strategic support of venture capital and crypto liquidity solutions, the collaboration aims to contribute to a more integrated and robust landscape for innovations in gaming experiences, interactive entertainment and metaverse.
DWF Labs Transfers $1 Million USDT to Coin98 Ventures on Binance: A Strategic Move for Web3 Adoption
In a move tracked by The Data Nerd monitoring, DWF Labs has reportedly transferred around $1 million USDT to a Binance deposit address purportedly linked to Coin98 Ventures.
DWF Labs has committed to invest $7.5 million in AirDAO, a Layer 1 blockchain, to further drive adoption of its ecosystem. This latest crypto funding round expands on a previous $2 million investment made in September 2022 and includes a one-year cliff with a 36-month vesting schedule. In connection with the $7.5 million investment, DWF Labs has also received a loan of 1.5 billion AMB cryptocurrency over a three-year period.
AirDAO is undertaking initiatives to enhance its social media presence and global brand visibility, supported by an extensive operational runway designed to future-proof the platform and attract the next generation of users. By providing sufficient crypto venture capital, DWF Labs will be a key strategic partner in these efforts.
Andrei Grachev, Managing Partner of DWF Labs, shared his enthusiasm for this cooperation:
“Our partnership with AirDAO started in September 2022 when we invested $2 million. Since then we’ve been building a stronger relationship, with clear communications about their goals and roadmap. At DWF Labs, we want to support strong companies, and AirDAO has proven to us throughout this year that they have battle-tested technology, strong decentralized governance, and an experienced team. Besides following up our previous investment with a large check size, we will provide all the support needed for their ambitious roadmap with the resources from DWF Labs, DWF Ventures, and DWF Ecosystems, such as connections to different key players from the industry, support with their go-to-market strategy and investing into dApps building on their chain.”
DWF Labs will leverage its extensive network to expand AirDAO’s presence in key regions such as Turkey, including joint hosting of a networking event during the fringes of Binance Blockchain Week in November 2023. Additionally, AirDAO will engage with DWF Labs portfolio companies for collaboration and development opportunities.
Furthermore, AirDAO and DWF Labs have jointly committed to a $1 million ecosystem crypto investment fund to incentivize blockchain projects to launch on the AirDAO platform.
A DeFi protocol called LeverFi has secured a $2 million crypto funding from DWF Labs, the new generation Web3 investor and market maker, to further develop and expand its Web3 services.
Congratulations @LeverFi 🎉
— DWF Labs (@DWFLabs) September 26, 2023
We look forward to your continued support on our journey to bring greater innovations to decentralized finance ✨️ https://t.co/1bhYIganw8
Funds received from this investment are subject to a two-year lockup.
LeverFi is an Ethereum-based decentralised, on-chain leverage trading platform that seeks to address several pain points in DeFi by offering a suite of intuitive solutions. It offers multi-asset lending, leveraged trading solutions, and tools to improve the DeFi experience. The protocol is powered by the LEVER utility token, which is used for governance and staking.
DWF Labs is a global digital asset market maker and a crypto venture capital fund that provides support to portfolio companies, from exchange listings to crypto liquidity provisioning. Apart from direct funding, our company offers consulting, trading strategies, cybersecurity, smart contract audit processes, debt financing, treasury management, and connections with numerous partners across different verticals.
Coin98 has entered into a strategic investment-based partnership with DWF Labs, a global crypto venture capital and market making. Under this collaboration, DWF Labs will provide investment, consultation, crypto liquidity provisioning, and marketing services to support Coin98’s global expansion. The crypto venture capital for Coin98, committed by DWF Labs, is expected to advance decentralisation and broaden access to cryptocurrency services.
Addressing the challenges inherent in the widespread adoption of cryptocurrency, Coin98 is committed to bridging the gap between Web2 and Web3. Recognising that the current user experience can be complex—even basic tasks like maintaining complete control over digital assets often pose difficulties for newcomers—the company is developing a comprehensive suite of products. Among these is the Coin98 Wallet, a multichain, non-custodial solution that currently serves over 6 million users worldwide. By integrating with more than 70 blockchains, the wallet offers a seamless experience for asset management, incorporating advanced features such as native swap, fiat on-ramp, a decentralised application browser, and a robust DeFi toolbox.
In addition to the wallet, Coin98 is working on other blockchain applications like the SpaceGate cross-chain bridge and other features that are still in progress. These efforts are aimed at simplifying digital asset management and facilitating a smoother transition into the evolving world of Web3.
About Coin98
Coin98 is a comprehensive crypto super app designed to securely connect users worldwide to the cryptocurrency ecosystem. It provides a trusted suite of essential services, including a non-custodial, multi-chain NFT and cryptocurrency wallet, integrated decentralised exchanges, a cross-chain bridge, a decentralised browser, a terminal, as well as various features such as Earn, Gift, and Campaign.