Earlier in August, Coin98 publicly stated that it had received a seven-figure investment from DWF Labs. This fund injection is aimed at pushing for widespread adoption of Web3 technology. As part of this partnership, DWF Labs has promised to back Coin98 in various areas including investments, consulting, liquidity provision, and marketing efforts, to support the global expansion of Coin98's product line.
DWF Labs Transfers $1 Million USDT to Coin98 Ventures on Binance: A Strategic Move for Web3 Adoption
DWF Labs Research1 min read
DWF Labs is a market-tested investor, ecosystem facilitator, and market maker strengthening digital asset infrastructure at scale for the markets of tomorrow. It originally began as a proprietary high-frequency trading firm in 2018, and relaunched in 2022 as a client-facing business. Today DWF Labs operates across four core lines: liquidity provision and market making, investment and incubation, ecosystem development, and OTC and structured markets. The firm is active on more than 80 centralized and decentralized exchanges, supports over 20% of CoinMarketCap's Top 100 projects and 35% of its Top 1,000, and has worked with more than 1,000 blockchain companies across Layer 1/Layer 2 networks, DeFi, gaming, AI, payments, and tokenization.