Finance, Dwf labs, Funds DWF Labs emerged as a prolific crypto investor in 2023, with investments involving shopping for a number of million {dollars}’ price of a venture’s token. 

Crypto market maker and investor DWF Labs mentioned it established a $250 million fund for funding in mid and large-cap cryptocurrency tasks.

Investment sizes will vary from $10 million to $50 million per venture, offering capital and ecosystem help, DWF Labs mentioned in a Monday e-mail.

The agency emerged as a prolific crypto industry investor in 2023, with a lot of its investments involving shopping for a number of million {dollars}’ price of a venture’s native token. The method, which differs from the normal enterprise capital mannequin of investing in return for fairness, drew some criticism from commentators.

DWF Labs’ place as a market maker meant they saved their tokens on exchanges, indicating a threat they might promote them at any time. Managing companion Andrei Grachev informed CoinDesk in May 2023 that the agency saved most of its funds and investments on centralized exchanges and that transferring tokens to an trade doesn’t point out the corporate will promote.

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