18M Purchase in Chinese-Linked Altcoin from Giant Market Maker: Price Moves!

Giant cryptocurrency market maker DWF Labs has nearly tripled its investment in China-linked layer-1 blockchain developer Conflux (CFX), raising $18 million.

Conflux 28 June In a press release published on , DWF Labs 18 million dollar worth 83 million CFX by purchasing 10 million dollar your investment 28 million dollars to the announced.

The investment is made by DWF Labs to support Conflux. second investment recorded as. DWF Labs, past March at the beginning of the month 10 million dollar CFX to Conflux by purchasing your first investment had accomplished.

Conflux, China’s largest telecommunication one of the services China Telecom jointly with blockchain-based SIM card (BSIM) project is highly appreciated by investors. striking mentioned there was.

Conflux recently To the Hong Kong Web3 Institute and organized by the Singapore government Singapore Digital Economy Roundtable for the development of the ecosystem by participating in made various contributions He also added that there are

Conflux Network co-founder FanLong, 2023 since the beginning of the year an exponential growth experience and that the investment made has a positive impact on the goals of developing the ecosystem. catalyst stated that he would do the job. Long also Increasing their growth in the Asian and Hong Kong ecosystem He stated that they plan to benefit from the funds collected for

Coinecko According to the data of investment, approximately 5% by gaining value $0.2329 much rising CFX, later Bitcoin (BTC) 3% drop with 8%experiencing a retreat above $0.2137 declined. in the last 30 days 33.2% depreciating CFXas of writing $0.2153 traded at the level.

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