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The TON Foundation, a non-profit association of developers and enthusiasts that exists to advance The Open Network (TON), has today announced that Tonstarter, the primary fundraising platform on TON, has closed a seed round of $1.5 million.
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- New USD 5 million growth platform for web3 and blockchain businesses at the DMCC Crypto Centre
- DWF Labs partnership marks the Centre’s latest partnership with a global web3 leader
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- Conflux raised $10 million from DWF Labs.
- DWF Labs bought the Conflux tokens, which will “linearly unlock over a period of time,” Conflux co-founder Fan Long told The Block.
Conflux, a Layer 1 blockchain developer, raised $10 million from DWF Labs.
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This prestigious award from one of the leading exchanges in the Web3 space highlights our dedication to delivering superior crypto liquidity solutions and our commitment to supporting efficient, stable, and highly liquid markets.
This achievement reflects the hard work of our talented team and the advanced technology stack we’ve developed to serve our clients and partners. By providing consistent, reliable liquidity, we help ensure seamless trading experiences, benefiting both Bybit users and the broader crypto ecosystem.
At DWF Labs, we prioritise crypto liquidity management, partnering closely with projects and exchanges to maintain robust market conditions. As we continue to scale our efforts, our goal remains the same: to be a key pillar in building efficient and accessible markets across all sectors.
A huge thank you to Bybit for this recognition, and to our incredible team and partners who made this achievement possible. We look forward to continuing our work together in creating the most liquid and reliable markets in Web3.
Join us in celebrating this milestone and stay tuned for more updates as we continue to innovate and expand our liquidity offerings.
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One of the biggest drivers of innovation in the crypto ecosystem is Venture Capitalist firms. These firms fund the dreams of founders and allow them to create new solutions to drive Web3 forward. These new solutions grow the crypto ecosystem and create even more opportunities.
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- Yield Guild Games (YGG), announced the successful sale of US$13.8 million worth of tokens to an investment group spearheaded by DWF Labs and a16z Crypto.
- The exact number of tokens sold was not made public, it is estimated that YGG’s sale constituted over 35% of their treasury, worth an estimated US$25 million as of November 2022.
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