DWF Labs, the new generation crypto investment firm and liquidity provider, will acquire FLOKI tokens worth $12 million from the project's treasury and the open market.
Thrilled to announce our continuing support for @RealFlokiInu 🔥
— DWF Labs (@DWFLabs) June 4, 2024
We're excited to support their team in several exciting launches this year: the mainnet version of Valhalla, a metaverse game, as well as several key utility projects.
Congratulations to their team for all their… https://t.co/FeR0OQTfog
This strategic purchase is aimed at further strengthening Floki’s position in the industry, especially in what is poised to be one of Floki’s most pivotal years ever due to the impending release of several key products.
Floki will be releasing the mainnet version of its flagship utility product, the Valhalla metaverse game, later this year. Floki is also set to release several key utility products, including the Floki Trading Bot, the Floki Decentralized Domain Name and Website Service, and more in the coming weeks and months.
Since the partnership between DWF Labs and Floki began in 2023, we have been actively involved in driving its success by leveraging our expertise in crypto venture capital, market making, and blockchain ecosystem growth.
One of our key contributions has been facilitating major listings of FLOKI on crypto exchange, ensuring that the token becomes more accessible and liquid across global markets. Additionally, DWF Labs has worked closely with Floki’s team to create strategic partnerships within the crypto industry, helping to expand its ecosystem and strengthen its position in the market.
Beyond crypto liquidity provisioning and partnerships, we have also supported Floki’s long-term ecosystem growth initiatives, providing the necessary backing to foster innovation and sustainability. Our latest $12 million investment marks a significant step forward in our commitment to Floki’s vision, ensuring that it has the resources needed to continue building, innovating, and scaling within the Web3 space.
About Floki
Floki is the people's cryptocurrency and utility token of the Floki Ecosystem. Floki aims to become the world's most known and most used cryptocurrency and intends to achieve this ambitious goal through a strong focus on utility, philanthropy, community, and marketing. Floki currently has 480,000+ holders and a strong brand recognised by billions of people worldwide.
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