Crypto trading firm DWF Labs has announced the launch of a new $250 million investment fund aimed at supporting mid and large-scale cryptocurrency projects.
DWF Labs' New $250 Million Fund
On March 24, DWF Labs announced the launch of the Liquid Fund with a $250 million capital to support cryptocurrency projects. Investment sizes will range from $10 million to $50 million per project. Deals amounting to $25 million and $10 million have already been secured with two undisclosed projects, with more agreements expected in the coming months.
Fund's Plans and Objectives
Andrei Grachev, managing partner at DWF Labs, stated that the firm aims to accelerate web3 adoption, believing that strategic capital and active ecosystem development are key to unlocking the industry's next growth wave. Each investment deal will include a tailored growth strategy that may involve stablecoin liquidity support, lending market development, and marketing efforts.
Global Crypto Adoption
According to Crypto.com's report, global crypto adoption grew by 13% in 2024 — from 583 million owners in January to 659 million by December. Another study from BlackRock showed that the rate of crypto adoption outpaced mobile phones by 43% and the internet by 20%. It took cryptocurrencies 12 years to reach 300 million users, while mobile phones and the internet took 21 and 15 years, respectively, to achieve the same milestone.
With the launch of the $250 million fund, DWF Labs aims to support and cultivate the cryptocurrency industry, contributing to its accelerated growth and widespread adoption globally.
