DWF Labs’ $20 million Cloudbreak Fund has quickly gained traction, achieving remarkable progress just 36 days after its launch on July 4th. In this short span, the fund has attracted over 90 high-quality projects, with an average of 2.5 projects joining daily. This level of participation underscores both DWF Labs’ […]

DWF Labs $20M Cloudbreak Fund Gains Momentum With 90+ Projects In Just Four Weeks

DWF Labs $20 million Cloudbreak Fund has quickly gained traction, achieving remarkable progress just 36 days after its launch on July 4th.

In this short span, the fund has attracted over 90 high-quality projects, with an average of 2.5 projects joining daily. This level of participation underscores both DWF Labs significant influence and the challenges of financing Chinese-language projects.

As a leading Web3 investor and market maker, DWF Labs has solidified its reputation in the industry. In 2023, it was honored as Bybits Best Liquidity Provider and has forged successful partnerships with 20% of the top 100 projects by market value on CoinMarketCap, as well as 44% of the top 1,000 projects.

DWF Labs Other Notable Investment In The Cryptocurrency Space 

DWF Labs success isnt limited to smaller, low-market-cap projects. In recent years, the firm has expanded its reach to include higher-market-cap tokens with significant narratives. Notable examples include TON (ranked 8th), FLOKI (ranked 54th), and MASK (ranked 190th). DWFs involvement in the TON ecosystem has been particularly deep, and there are even rumors of the firm participating in market-making for the Telegram mini-game Notcoins $NOT token.

The Cloudbreak Funds swift success reflects DWF Labs commitment to fostering innovation and supporting the growth of projects in the Chinese-speaking region. With over 90 projects already onboard, the fund is poised to further accelerate the development of the Web3 ecosystem in this market.

DWF Labs ability to attract such a large number of participants in a short period highlights its strategic vision and capacity to drive the next wave of blockchain innovation. As the fund continues to grow, it will be interesting to see how these projects evolve and contribute to the broader Web3 landscape.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

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