DWF Labs is deploying $250 million to drive crypto growth, with $25 million and $10 million deals already secured.
Crypto trading firm DWF Labs is launching a $250 million Liquid Fund to support mid and large-cap crypto projects, saying it aims to accelerate adoption and expansion in the industry.
In a March 24 blog announcement, DWF Labs said that the fund will provide investment sizes ranging from $10 million to $50 million per project. The firm says it has already committed $25 million and $10 million to two undisclosed projects, with more deals expected in the coming months.
Andrei Grachev, managing partner at DWF Labs, says the firm is looking to expand its efforts in accelerating web3 adoption, emphasizing that the team believes “strategic capital, coupled with hands-on ecosystem development, is the key to unlocking the next wave of growth for the industry.”
DWF Labs suggests that the fund will go beyond traditional investments as each deal will include a tailored growth strategy, which may involve stablecoin liquidity support, lending market development, and marketing efforts.
According to the annual Crypto Market Sizing Report by Crypto.com, global crypto adoption, measured by ownership of crypto assets, grew by 13% in 2024 — from 583 million owners in January 2024 to 659 million by December.
A separate study by financial tycoon BlackRock also showed that the rate of crypto adoption outpaced mobile phone adoption by 43% and internet adoption by 20%. According to BlackRock, it took only 12 years for crypto adoption to reach 300 million users, while mobile phones reached the same milestone in 21 years, and the internet did so in 15 years.
