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Market Maker Announces $250 Million Fund for Altcoin-Boosting Projects! - Coin Bulletin
DWF Labs announced that it has established a fund worth 250 million dollars to invest in medium and large-scale crypto projects.
As an effective player in the cryptocurrency market, DWF Labs will make investments ranging from 10 million dollars to 50 million dollars in projects with this new fund. The investment strategy aims not only to provide financial support but also to support the ecosystem development of the projects.
As of 2023, the company investing in many projects exhibits a different approach compared to the traditional venture capital model. DWF Labs prefers to directly purchase local tokens when investing in projects, but this strategy has been criticized by some circles.
DWF Labs' investment model is primarily based on its positioning as a market maker in the marketplace. The firm prefers to hold the tokens it acquires on exchanges, which means that the tokens can be sold at any time.
However, DWF Labs' managing partner Andrei Grachev stated that the company's transfer of tokens to the exchange does not indicate an intention to sell. While this situation is viewed as a risky strategy by investors, the firm aims to increase market liquidity in this way.