DWF Labs is the web3-focused investment arm of Digital Wave Finance (DWF), a global crypto trading company. DWF Labs specializes in providing liquidity services for Web3 businesses, exchange listing support and other advisory services.
DWF Labs stands out with investments such as participation in the Fetch.ai (FET) funding round at a valuation of $250 million.
Coin98 is a decentralized, multi-chain wallet with over 6 million users globally. With the integration of more than 70 different blockchains, Coin98 offers the ultimate experience of asset management and usage for every user, from L1 to L2 lovers.
Coin98 wallet announced that it has successfully raised capital from DWF Labs, a new but quite popular fund name this year.
The investment amount has not been disclosed specifically, only know it has 7 digits, ie from 1 to less than 10 million dollars.
Coin98 announced that it has invested in DWF Labs to promote the development of the vast Web3 ecosystem. DWF will support investment, consulting, liquidity provision and marketing campaigns to expand the global market for all products built by Coin98.
Coin98 will facilitate the promotion of the cryptocurrency experience to the masses and attract millions of people who will join the promising decentralized finance sector. After this information, the price of C98 bounced up more than 10%.
Read more:
People in Turkey have high expectations for Bitcoin
Hanwe Chang stoled $1.5 million
Memecoin on Layer-2 Base grows rapidly