DWF Labs Launches $250 Million Fund to Boost Mid and Large-Cap Crypto Projects

Dubai-based crypto market maker DWF Labs announced the launch of a $250 million Liquid Fund on March 24, aimed at accelerating the growth of mid- and large-cap blockchain projects and driving real-world adoption of Web3 technologies. The fund will invest between $10 million and $50 million per project, focusing on those with significant usability and discoverability. DWF Labs will also provide ecosystem support, including developing lending markets and amplifying brand presence. This initiative follows criticism of DWF Labs' previous token purchase investments, which differed from traditional venture capital models. The firm's managing partner, Andrei Grachev, emphasized the importance of robust infrastructure and user-friendly experiences for attracting new users to the blockchain space.