This Altcoin Receives A Hefty Investment From The Famous Company!

DWF Labs, which has invested millions of dollars in RSS3 (RSS3), CryptoGPT, Alchemy Pay and a number of altcoin projects in recent weeks, has used its latest move in favor of EOS. EOS, which is among the top 50 altcoins, confirmed the investment of $ 60 million and the new partnership…

DWF Labs chose a large-volume altcoin project this time

Emerging as the most active investment firm in the bear market, DWF Labs is supporting the EOS network through a $45 million EOS token purchase contract and a $15 million commitment to invest in EOS-based businesses and projects. This commitment aims to accelerate the expansion and adoption of the EOS network.

DWF Labs, also a market maker, announced its most significant investment to date, over $60 million in investment deals with the EOS Network Foundation (ENF). EOS is a Tier-1 network for developers who want to build Blockchain-based games (GameFi) and distribute decentralized applications (dApps). Its price is reacting upwards to the investment news…

Meanwhile, EOS will introduce the enterprise-grade EOS Ethereum Virtual Machine (EVM) on April 14, surpassing Polygon, BSC and Avalanche with more than four times the swap per second. According to CMC data, EOS price is up 4.53% in 24 hours and is currently trading at $1.26.

What’s next for the altcoin project?

The synergy between DWF Labs and the EOS project is tuned to unlock the potential in the Blockchain ecosystem and the Web3 world. The partnership can bring together their relevant expertise and resources to ensure a fruitful future for EOS.

DWF Labs emerged as an investor during the crypto bear market. Recent investments include a $20 million fundraiser for derivatives trading platform Synthetix and a $40 million raise for AI-focused crypto protocol Fetch.ai. cryptocoin.com as RSS3 (RSS3), CryptoGPT and Alchemy Pay investments.

About DWF Labs

DWF Labs is a global digital asset market maker and multi-stage web3 investment firm with offices in Singapore, Switzerland, British Virgin Islands, United Arab Emirates, South Korea and Hong Kong. The investment firm is a subsidiary of Digital Wave Finance (DWF), one of the world’s largest high-frequency cryptocurrency trading organizations, trading on the spot and derivatives markets on more than 40 exchanges.

DWF Labs aims to invest in and support brave founders who want to build the future of Web3. Consulting offers liquidity delivery, cybersecurity, smart contract audit processes, debt financing, treasury management, and links to a wide range of partners in different industries.

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