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Dubai-based crypto market maker and investor DWF Labs has unveiled a $250 million Liquid Fund aimed at fostering the growth of mid- and large-cap blockchain projects. The initiative seeks to drive real-world adoption of Web3 technologies by offering strategic investments ranging from $10 million to $50 million for projects demonstrating significant usability and discoverability.
The fund will concentrate on blockchain projects that serve as entry points for retail users, emphasizing those with substantial utility and user engagement. DWF Labs intends to sign two investment deals worth $25 million and $10 million as part of the fund, aligning with its goal to accelerate the growth of the crypto landscape.
Andrei Grachev, managing partner of DWF Labs, highlighted the firm’s focus on supporting projects that not only possess strong technological foundations but also demonstrate the potential to enhance user experience and accessibility in the blockchain space. This initiative underscores DWF Labs’ commitment to advancing the Web3 ecosystem and promoting the mainstream adoption of decentralized technologies.
