February has been an action-packed month for DWF Labs as we continue to lead in our institutional research, partnerships, and global conference participation. A major highlight of this month was Falcon’s Closed Beta. Falcon is the next-generation synthetic dollar that offers sustainable, competitive, and institutional-grade returns, powered by DWF Labs.
We participated in Consensus 2025 Hong Kong, hosted our exclusive event DWF Labs Haus, and furthered our position as a leader in research and thought-leadership. Read more to catch up with us.
Falcon
Powered by DWF Labs, Falcon’s Closed Beta went live on February 18. Falcon is the next-generation synthetic dollar, offering sustainable, competitive, and institutional-grade returns.

Lingling Jiang, Partner of DWF Labs, shared that she will also be taking on a Partner role at Falcon.
Additionally, Falcon and DeXe Protocol announced a strategic partnership with $10 million allocated for Falcon’s Closed Beta.
Partnerships
ZIGChain
We have joined ZIGChain as a Validator, staking 3,000,000 $ZIG to enhance network security and support ecosystem growth.
BidAsk
This month, we partnered with Bidask Protocol to redefine trading on TON, bringing top-tier services to the ecosystem.

BAD Coin
We also established a key partnership with BAD Coin as part of our support for projects building in the AI x Crypto space.
ByBit Support
As a long-standing crypto market maker on Bybit, this February marked 5 great years of working together. We supported their team following a security threat as part of our commitment and dedication to supporting the Web3 industry through challenges.
Institutional Research and Thought Leadership
DWF Ventures Research
The DWF Ventures team released the institutional research report ‘AI Agents: Emergence of Lisan al Gaib’. The report covers the emergence of AI Agents in the crypto market and ecosystem, as well as use cases and potential challenges.

DWF Labs institutional report cover on the impact of AI Agents on crypto markets, February 2025
Additionally, DWF Ventures published several research articles: a look into how DeepSeek is impacting the AI sector, a deep dive into Ondo Chain, and a recap on Consensus 2025 Hong Kong.
Our crypto venture team is always seeking to invest in innovative projects — if you are building, reach out to DWF Ventures on their official page.
‘The STO Financial Revolution’ in Partnership with UCLA
A case study about DWF Labs was published in collaboration with Alex Nascimento, Member of the Blockchain Faculty at UCLA. We’re excited to continue collaborating with educators, academic institutions, and thought leaders in the space, helping to build a more knowledgeable and inclusive Web3 ecosystem.

Andrei Grachev’s Interview with BeInCrypto
Andrei Grachev, Managing Partner at DWF Labs, shared in an interview with BeInCrypto on the rapid evolution of AI agents, their increasing integration into Web3 and traditional tech sectors, and the challenges that come with mass adoption. His discussion highlighted the transformative potential of AI, the risks of misuse, and the crucial role of trust and responsible innovation in shaping the future of automation.

Consensus 2025 Hong Kong
Andrei Grachev’s Keynote ‘Dimensions of the Crypto Market’
Andrei Grachev, Managing Partner at DWF Labs, took the stage at Consensus Hong Kong to deliver the keynote ‘Dimensions of the Crypto Market.’
Drawing reference to the industry’s past, present and anticipated trajectory of the future, Andrei discussed how our vision and crypto investment approach aligns with the upcoming key market trends that will shape the sector in the future.
Watch his full keynote here.

Lingling Jiang on ‘Surviving and Thriving in 2025’ During Animoca Portfolio Day
Lingling Jiang, Partner of DWF Labs, shared during a panel at Animoca Brands’ Portfolio Day. She discussed product and token strategy, advice for founders seeking crypto venture capital, and balancing short-term hype with long-term sustainability.

Alessia Baumgartner at the Global Blockchain Congress
Alessia Baumgartner, VP of Ecosystems at DWF Labs, participated in a panel discussion at the Global Blockchain Congress hosted by Agora. She shared her insights on the importance of long-term sustainability in Web3, and advice for both crypto venture capitalists and founders.

Lingling Jiang Speaking at Alpha: Hong Kong Hosted by Luna PR
Lingling Jiang, Partner of DWF Labs, spoke during the panel ‘The Evolution of Investment: Trends, Challenges, and Opportunities’ at an event hosted by Luna PR.
She shared about the key role AI technologies will play in the crypto space, as well as crucial aspects to consider when investing in projects such as strong founding teams, clear revenue models, and mass adoption potential.

Fiona Ma at VC Startup Connect During Consensus Hong Kong
Fiona Ma, Investment and Research Lead at DWF Ventures, shared during the panel ‘Decentralisation vs. Big Money – Navigating Web3 Capital Injection’ at VC Startup Connect hosted by Cointelegraph Accelerator. She offered insights on the DWF Ventures investment strategy and approach to supporting ecosystems long-term.

DWF Labs Haus
DWF Labs Haus: Consensus HK was a major highlight of Consensus week, and we had a great time connecting with our top tier community. We were treated to stunning views of Hong Kong's harbour and skyline while enjoying delicious cocktails and canapés.
Check out highlights from the event:
Wrap-Up
February 2025 was full of exciting developments throughout our partnerships, event participation, and support of Falcon.
As we move further into 2025, we’re thankful for our community and are excited to continue contributing to the crypto ecosystem.