Nikolas Sargeant
DWF Labs, a Dubai-based crypto market maker and investor, has announced the launch of its $250 million Liquid Fund, designed to accelerate the adoption of Web3 technologies in the real world. The initiative aims to focus on mid- and large-cap blockchain projects, strategically investing between $10 million and $50 million to foster the next wave of growth for the industry. The fund is also set to sign deals worth $25 million and $10 million as part of this plan.
According to Andrei Grachev, Managing Partner at DWF Labs, robust blockchain infrastructure is essential for the mainstream adoption of crypto. The fund’s goal is to support projects with significant usability and discoverability, ensuring that new users can easily access and trust these platforms. Grachev emphasizes that both good technology and strong community support are needed to sustain real adoption.
With this fund, DWF Labs will focus on developing reliable infrastructure and ecosystem growth for blockchain projects. The fund will help these projects grow by offering strategic capital and providing hands-on support for creating lending markets, amplifying brand presence, and supporting stablecoin growth. These efforts are crucial for enhancing liquidity and reducing friction for users entering the blockchain space.
This move comes shortly after DWF Labs and The Blockchain Center joined forces to strengthen Web3 infrastructure in the Middle East and North Africa.. The challenge of friction in blockchain applications remains a key issue for the industry, as leaders like Chintan Turakhia of Coinbase highlight the need for simpler, user-friendly experiences to attract the next generation of crypto users.
