DWF Labs Joins Forces with EOS Network Foundation in Strategic Ecosystem Partnership

DWF Labs, a new-generation crypto market maker and venture capital company, announces a strategic partnership with the EOS Network Foundation (ENF), committing $60 million to accelerate the growth and development of the EOS ecosystem.

As part of the agreement, DWF Labs will purchase $45 million in EOS tokens and allocate $15 million to fund projects building on the network. This investment is designed to stimulate activity across the ecosystem, attract developers, and drive broader adoption of the EOS blockchain.

The partnership is announced alongside the upcoming launch of an enterprise-grade Ethereum Virtual Machine (EOS EVM) going live on April 14, 2023. Built for high-performance execution, EOS EVM delivers significantly higher throughput than many other EVM-compatible blockchains and sets a new standard for scalability. It aims to seamlessly connect the EOS and Ethereum ecosystems, offering developers a powerful, interoperable environment to deploy decentralised applications. DWF Labs’ investment is well-aligned with this technical milestone, reinforcing its commitment to supporting infrastructure that enables real-world use of Web3 technologies.

About EOS Blockchain

The EOS Network Foundation (ENF) is a non-profit organisation dedicated to advancing the EOS blockchain, a high-performance Layer 1 protocol designed for Web3 applications. Known for its speed, scalability, and cost-efficiency, EOS provides a robust platform for building next-generation decentralised apps. The ENF oversees ecosystem funding, infrastructure development, and community growth across the global EOS network.