Dubai-based crypto market maker and investor DWF Labs has launched a $250 million Liquid Fund aimed at accelerating the growth of mid- and large-cap blockchain projects and driving real-world adoption of Web3 technologies.
DWF Labs is set to sign two significant investment deals worth $25 million and $10 million as part of the fund.
The initiative aims to grow the crypto landscape by offering strategic investments ranging from $10 million to $50 million for projects that have the potential to drive real-world adoption, according to a March 24 announcement shared with Cointelegraph.
Source: DWF Labs
The fund will focus on blockchain projects with significant “usability and discoverability,” according to Andrei Grachev, managing partner of DWF Labs.
“We’re focusing our support on mid to large-cap projects — the tokens and platforms that typically serve as entry points for retail users,” Grachev told Cointelegraph, adding:
“However, good technology and utility alone isn’t sufficient. Users first need to discover