DWF Labs Launches $250 Million Fund for Cryptocurrency Investments
DWF Labs has launched a $250 million fund aimed at investing in mid and large-cap cryptocurrency projects.
- Investment amounts will range from $10 million to $50 million per project.
- The firm focuses on providing capital and ecosystem support.
- DWF Labs has become a significant player in the crypto investment space in 2023, primarily purchasing substantial amounts of native tokens instead of equity.
- This investment strategy has faced some criticism compared to traditional venture capital approaches.
- As a market maker, DWF Labs retains its tokens on exchanges, posing a risk of potential sales.
- Managing partner Andrei Grachev clarified that keeping funds on centralized exchanges does not imply imminent selling.