Web3 VC and Market Maker Digital Wave Finance Launches DWF Labs

Quick take:

• Web3 venture capital and market maker Digital Wave Finance has officially launched DWF Labs.
• DWF Labs offers web3 investment services spanning from market making, early-stage opportunities and secondary market investing.
• The company’s portfolio of partners includes Binance, FTX, ByBit, KuCoin, OKX, Gate, Crypto.com, and Huobi, among others.

Digital Wave Finance has officially launched as DWF Labs. The leading web3 venture capital and market maker boasts a huge portfolio of partners, including Binance, FTX, ByBit, KuCoin, OKX, Gate, Crypto.com, and Huobi among others.

DWF Labs offers a variety of investment services to web3 companies, space including market making, early-stage investing, secondary market investing and over-the-counter (OTC) trading services among others.

According to the statement announcing the official launch of DWF Labs, the company said it trades over 800 pairs offered across 40 exchanges globally, providing t with enough liquidity to cover 99% of traded volume in crypto as part of its market-making service.

The Singapore-based company has continued to grow its global presence, opening offices in Dubai, China and Hong Kong.

The company considers itself to be one of the best in the industry in terms of trading costs. DWF Labs does not require users to pay any onboarding fees, trading fees, market-making fees for cross pairs, or monthly fees, according to the announcement sent to media companies on September 1.

It is one of the few companies that allows digital asset companies to sell their tokens for upfront payment without affecting the price negatively. DWF Labs uses its own funds to make the process work, allowing corporate customers to sell out tokens expeditiously. 

The company claims to have invested more than $20 million over the last few weeks, buying tokens from its customers.

Commenting on the announcement, Andrei Grachev, Managing Partner, DWF Labs said: 

“DWF stands for Digital Wave Finance. We represent a new wave in Web3 Venture Capital investment. DWF Labs aligns its efforts with our customers’ business objectives to help their tokens get the best listing price, raise funds and create markets.”

“Our trading configurations aim to increase trading volumes of cryptocurrencies and tokens to make it attractive for market participants, bringing our customers’ projects to the top of Coinmarketcap, which in turn will attract organic traders. Our high daily trading volumes allow our customers to enjoy the most competitive exchange fees such as VIP 9 and PRO 3 on the world’s largest exchanges,” Grachev added.

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