Odaily News DWF Labs announced the launch of a $250 million Liquid Fund to support the growth and mainstream adoption of mid- to large-scale crypto projects.
DWF Labs said that Liquid Fund will provide strategic investment ranging from 10 million to 50 million US dollars for each project, combined with all-round ecological support such as TVL growth, loan market development, brand promotion, and community operation. Its goal is to promote the sustainable development and real application of the Web3 ecosystem.
Currently, the fund has invested more than $11 million in multiple projects and plans to sign two major investment agreements of $25 million and $10 million respectively. Andrei Grachev, managing partner of DWF Labs, said that the fund will further strengthen DWF's mission to promote Web3 innovation.
Applications are now open, and DWF encourages teams with ambitions to scale and achieve industry impact to submit applications.