DWF Labs, a leading crypto trading firm, has launched a $250 million Liquid Fund to support mid and large-cap crypto projects.
The firm says the initiative will drive industry expansion and accelerate web3 adoption.
In a blog post on March 24, DWF Labs revealed that the fund will provide investments ranging from $10 million to $50 million per project. The firm has already committed $25 million and $10 million to two undisclosed projects, with further deals expected in the coming months.
Andrei Grachev, managing partner at DWF Labs, emphasized that the fund will take a hands-on approach to ecosystem development beyond financial backing.
“We believe strategic capital, coupled with direct ecosystem support, is the key to unlocking the next wave of growth for the industry,”
Grachev stated.
Unlike traditional investments, DWF Labs says its funding will be paired with tailored growth strategies, including stablecoin liquidity support, lending market development, and marketing initiatives.
The move comes as global crypto adoption continues to rise. According to Crypto.com’s annual Crypto Market Sizing Report, the number of crypto asset owners grew by 13% in 2024, reaching 659 million by December. Meanwhile, a study by BlackRock highlighted that crypto adoption is outpacing mobile phone and internet adoption rates, reaching 300 million users in just 12 years—compared to 21 years for mobile phones and 15 years for the internet.
Notably, DWF Labs had also formed a strategic partnership with The Blockchain Center Abu Dhabi as part of its broader expansion efforts. The collaboration, marked by a signed Memorandum of Understanding (MOU), underscored their joint commitment to fostering innovation and growth in the Web3 sector across the MENA region. The partnership aimed to strengthen the Web3 ecosystem through initiatives such as accelerator programs for early-stage crypto projects, ecosystem grants, and strategic advisory services. DWF Labs planned to facilitate collaborations to promote crypto adoption and support emerging regional projects, leveraging its global network.
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