We had an action-packed November 2024 with the launch of our $20M USD Meme Fund, Listing Bot, collaboration with UCLA, and the release of the first edition of our monthly institutional report. The report breaks down the biggest drivers behind the crypto market. Our team also participated in Devcon and TON Gateway, as well as the biggest blockchain hackathon in the Middle East hosted by Bybit and DMCC Crypto Centre. To top it off, Lingling Jiang, Partner at DWF Labs, shared insights in interviews with several media outlets.
Ready to catch up with us? Check out an overview of everything we’ve been up to below.
Thought Leadership
UCLA Educational Initiative
We are proud to be included as a case study in the book The STO Financial Revolution, by Alex Nascimento from UCLA’s Blockchain Faculty. Our inclusion as a case study demonstrates our commitment to enhancing institutional knowledge around Security Token Offerings (STOs) and the broader Web3 landscape. The case study highlights our crypto market-making strategies and liquidity solutions, providing insights for students, entrepreneurs, and industry leaders. This collaboration is a unique opportunity to share our expertise.
Lingling Jiang’s Interview with Bitcoin.com
‘Web3 is the Next Frontier,’ said Lingling Jiang, Partner of DWF Labs, in her interview with Bitcoin.com.
She also elaborated on our business development strategy, the importance of regulatory clarity in the crypto space, and highlighted Asia's role as a leading hub due to its clear regulatory frameworks. She suggested that the recent U.S. election of Donald Trump could signal a potential shift towards clearer regulations, but it would likely take time due to the complexity of the ecosystem. Lingling also discussed the potential impact of cryptocurrency ETFs on market dynamics and encouraged both retail and institutional investors to prioritise thorough research and risk management.
First Institutional Report Launch
In our first Institutional Report dedicated to analysing crypto market performance and trends in November 2024, we shed light on key developments in the crypto market, covering Bitcoin’s bullish trajectory, the rise of stablecoins and DeFi, and the resilience of memecoins.
Lingling Jiang’s Interview with Finbold
In November, Lingling Jiang also spoke to Finbold, sharing that DWF Labs is enhancing the landscape by offering crypto liquidity services and nurturing partnerships with traditional financial institutions. Our collaboration with UCLA contributes to the education of future Web3 professionals. She shared insights about our proactive approach to addressing challenges in regulatory compliance and interoperability, ensuring that both traditional and decentralised solutions meet institutional standards, ultimately bridging the gap between traditional finance and the Web3 world.
Heng Yu Lee on Quantum Computing
Heng Yu Lee, Partner of DWF Labs, was featured in the ‘FinTech in ASEAN 2024: A Decade of Innovation’ report, produced by the Singapore Fintech Association (SFA), UOB Group, and PwC. This paper explores ASEAN's FinTech journey over the past decade, from transforming digital services to tackling emerging challenges in a shifting global landscape. Heng shared insights on the transformative potential of quantum computing, particularly in enhancing cryptography and optimising investment strategies.
Lingling Jiang’s Interview with DLNews
In an interview with DLNews, Lingling Jiang shared that, by offering tailored crypto OTC trading and market-making services, we effectively bridge traditional finance with digital assets, ensuring liquidity while helping institutions navigate the crypto landscape. She also said that we’re particularly optimistic about the convergence of DeFi with traditional financial systems, advancements in tokenised assets, and scalable blockchain solutions.
Launches
Meme Fund
DWF Labs launched a $20 million USD Meme Fund to support chain-agnostic memecoin projects. Through this fund, we aim to champion creativity and community-driven innovations in the crypto space. We will provide financial resources and strategic support to memecoin projects that exhibit strong community engagement, unique value propositions, and the potential to achieve global recognition. Apply on the Meme Fund’s page.
Listing Bot
Another launch was the Listing Bot on Telegram. The bot features real-time listings of crypto spot and futures, launchpad announcements, multiple currency pairs, and instant notifications. Stay ahead of the crypto market by joining the Telegram channel.
Events and Conferences
TON Gateway
On 1-2 November, our team attended the TON Gateway conference in Dubai. Alessia Baumgartner, Business Partner of Ecosystems at DWF Labs, held a keynote speech where she shared about our support for the TON ecosystem.
Alessia also participated in a panel discussion titled ‘TONs of memes: how do memecoins help TON blockchain grow?’ alongside other Web3 experts, sharing insights about TON’s impact on the memecoin sector.
Members of the DWF Ventures team, who also participated in the conference, published a recap of TON Gateway’s key insights and takeaways.
Devcon 2024
DWF Labs was also at Devcon Bangkok 2024, co-hosting an event alongside Cypher Capital, 1inch, and Kava Chain. Lingling Jiang shared more about what’s ahead for us and the crypto market.
The DWF Ventures team has also compiled a recap of Devcon’s key narratives discussed during the conference, which were filled with excitement and optimism about bullish trends.
Bybit x DMCC Web3 Hackathon
We sponsored the second edition of the Middle East’s largest Web3 hackathon, hosted by Bybit and DMCC Crypto Centre. Alessia Baumgartner participated as a judge alongside a panel of experts in the industry.
The event brought together 15 forward-thinking Web3 startup projects from around the world, and we are proud to be a part of the exciting innovations in the crypto and Web3 space, collaborating with industry leaders to support projects shaping the future of crypto.
Wrap-Up
That’s a wrap on our November! It has been a busy month filled with exciting developments. As we look ahead to the final month of 2024, we are preparing ourselves to build more great things and projects next year.
We would also like to thank our community — we appreciate the opportunity to connect with everyone, and we are excited to continue to grow and innovate together with you.