DWF Labs launches $250m fund to back crypto projects

DWF Labs deploys $ 250 million to stimulate cryptography growth, with $ 25 million and $ 10 million already obtained.

The Crypto DWF Labs trading company is launching a liquid fund of $ 250 million to support cryptography projects in medium and large capitalization, saying that it aims to accelerate adoption and expansion in industry.

In a March 24 blog adDWF Labs said the fund will provide investment sizes ranging from $ 10 million to $ 50 million per project. The company claims that it has already hired $ 25 million and $ 10 million to two unknown projects, with more transactions expected in the coming months.

Andrei Gratchev, managing partner at DWF Labs, said that the firm seeks to extend its efforts to accelerate the adoption of web3, stressing that the team believes that “strategic capital, coupled with the practical development of ecosystems, is the key to unlocking the next growth wave for industry.”

DWF Labs suggests that the fund will go beyond traditional investments because each agreement will include a tailor-made growth strategy, which can involve stable Liquidity support, development of the loan market and marketing efforts.

According to the annual dimensioning report of the crypto market by crypto.com, global crypto adoption, measured by the ownership of cryptographic assets, grow From 13% in 2024 – from 583 million owners in January 2024 to 659 million by December.

A separate study By the financial magnate, BlackRock also showed that the Crypto adoption rate was dropping the adoption by mobile phone by 43% and the adoption of the Internet by 20%. According to BlackRock, it only took 12 years to adopt cryptography to reach 300 million users, while mobile phones have crossed the same stage in 21 years, and Internet has done it in 15 years.