January 17, 2025
Our Partner at DWF Labs, Lingling Jiang, recently participated in an engaging interview with Foresight News on 16th January 2024. During the discussion, she shared valuable insights into the company’s journey, its strategies as a market maker, and its vision for the future of crypto.
Here are the key takeaways from the discussion.
Lingling Jiang shared her career trajectory, beginning in traditional finance as a trader. Her interest in cryptocurrency was sparked in 2019 when she explored Bitcoin’s potential and the opportunities within the crypto ecosystem. After working with firms like OSL and a brief stint at Three Arrows Capital's subsidiary TPS, Jiang joined DWF Labs.
Reflecting on the early days at DWF Labs, Jiang described how the company started with fewer than ten employees, each taking on multiple roles. In just two and a half years, the team grew to over 60 members, collaborating with more than 800 partners globally. This growth was driven by their ability to adapt to the dynamism of the industry and their commitment to building a global world-class team.
Jiang highlighted DWF Labs’ significant accomplishments in 2024, including:
However, 2024 was not without its challenges. The growing number of crypto market makers has definitely intensified competition, with Jiang noting that projects now expect market makers to not only provide crypto liquidity but additional services, such as exchange listings, marketing support, and ecosystem development.
To address these demands, DWF Labs has established a dedicated Ecosystem Support Team to deliver customised solutions, ensuring they stay ahead in this competitive landscape.
DWF Labs is doubling down on AI x Crypto innovations. Their AI Agent Fund aims to support projects that integrate AI into DeFi, automating wallet interactions, multi-step transactions, and cross-chain operations. Jiang emphasised that such advancements will enhance efficiency and intelligence within the crypto space.
DWF Labs is also set to launch Falcon Finance, a stablecoin that accepts various collateral types, including Bitcoin, Ethereum, and niche altcoins. Designed to offer competitive yields, this project reflects their commitment to creating versatile and accessible financial products.
With a strategic focus on the Middle East, particularly Dubai, DWF Labs aims to leverage the region’s growing prominence in the crypto sector. Their global footprint continues to expand, reinforcing their leadership in the industry.
Jiang provided insights into broader industry trends:
When asked about career advice for those interested in market-making, Jiang emphasised:
For those looking to enter trading roles, she advised developing strong mathematical and analytical skills, as these are critical for success in this highly specialised field.
The AMA provided an in-depth look at the journey of DWF Labs, achievements, and future vision. With the recent success of initiatives like the AI Agent Fund and Falcon Finance, alongside a focus on global expansion, we look forward to leading the way in shaping the future of crypto.
Catch the original replay of discussion here.