DWF Labs, a leading market maker in the crypto space, has been actively investing in three crypto projects since the beginning of December 2023. This signifies their confidence in the market’s price growth and development potential, as well as the projects they are collaborating with.
On December 1st, DWF Labs officially announced its partnership with Starship, a multichain launchpad developed by Ninety Eight (formerly known as Coin98 Finance). Starship will leverage DWF Labs’ extensive experience in the market to support its fundraising strategy, aiming to provide the best investment opportunities to the entire community. Starship will also gain access to high-quality projects through DWF’s network of partners, while DWF will facilitate investment and market-making for projects on the Starship platform.
In addition to Starship, DWF Labs has recently announced collaborations with MovieBloc (MBL), Polytrade Finance, GalaChain (GALA), and the decentralized identity management solution Litentry (LIT).
On December 5th, DWF Labs purchased $1.25 million worth of FLOKI tokens from the project’s treasury, demonstrating their strong commitment to supporting the Floki ecosystem. This strategic move aims to position Floki as one of the leading cryptocurrency projects.
It’s worth noting that this transaction was carried out over-the-counter (OTC) and completed in early November, but the official announcement was made later. DWF Labs had previously collaborated with Floki in May 2023, purchasing $5 million worth of FLOKI tokens. Since then, they have actively contributed to increasing the utility of FLOKI by facilitating its listing on various exchanges and integrating it with projects within the DWF Labs ecosystem.
On December 6th, DWF Labs announced a $1 million investment in Theta Labs’ ecosystem, focusing on the development of their latest product, Theta Edgecloud. Theta Edgecloud is the world’s first hybrid cloud computing platform built on a fully decentralized architecture, serving computational needs for video, 3D graphics, artificial intelligence, and more.
According to DWF Labs, this investment in Theta Labs reflects their confidence in Theta and the industry’s potential to revolutionize the consumption and delivery of video, media, and artificial intelligence services globally. They are excited to support Theta’s goal of expanding its vision for a more interconnected and efficient digital world.
DWF Labs has been actively investing in various crypto projects, signaling their belief in the market’s growth and development. Their partnerships and investments span different areas within the crypto space, contributing to the overall progress of the digital asset ecosystem.