{"id":77165,"date":"2023-04-13T17:20:43","date_gmt":"2023-04-13T14:20:43","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=77165"},"modified":"2025-09-10T21:45:51","modified_gmt":"2025-09-10T18:45:51","slug":"dwf-labs-invests-60m-in-eos-network-token-and-ecosystem","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/dwf-labs-invests-60m-in-eos-network-token-and-ecosystem\/","title":{"rendered":"DWF Labs invests $60m in EOS Network token and ecosystem"},"content":{"rendered":"<p>The market maker DWF Labs has entered into a partnership with EOS Network, which envisages investments of more than $60 million.<\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p lang=\\\"qme\\\" dir=\\\"ltr\\\"><a href=\\\"https:\/\/twitter.com\/hashtag\/EOS?src=hash&#038;ref_src=twsrc%5Etfw\\\">#EOS<\/a> ? <a href=\\\"https:\/\/twitter.com\/DwfLabs?ref_src=twsrc%5Etfw\\\">@DwfLabs<\/a> <a href=\\\"https:\/\/t.co\/ZlGYi5Obbv\\\">https:\/\/t.co\/ZlGYi5Obbv<\/a><\/p>\n<p>\u2014 EOS Network Foundation (@EOSnFoundation) <a href=\\\"https:\/\/twitter.com\/EOSnFoundation\/status\/1646503361393434625?ref_src=twsrc%5Etfw\\\">April 13, 2023<\/a><\/p><\/blockquote>\n<p> <script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>DWF supported the network by purchasing $45 million worth of native EOS tokens. In addition, the company pledged to invest $15 million in platform-built projects.<\/p>\n<p>According to the market maker&#8217;s representatives, the investments are aimed at accelerating the blockchain&#8217;s &#8220;expansion and adoption&#8221;.<\/p>\n<p>DWF Labs will work with the EOS Network Foundation (ENF) venture arm, which allocates funding and works on the development of the mainnet.<\/p>\n<p>In March 2023, ENF announced <a href=\"https:\/\/forklog.com\/en\/news\/eos-network-foundation-to-invest-20-million-in-eos-evm-and-gamefi-projects\">plans to invest $20 million<\/a> in the development of applications and gaming products on the platform after the launch of <span data-descr=\\\"Ethereum Virtual Machine \u2014 the Ethereum virtual machine\\\" class=\\\"old_tooltip\\\">EVM<\/span>.<\/p>\n<p>In April 2023, a Twitter user <a href=\"https:\/\/forklog.com\/en\/news\/dwf-labs-linked-to-dubious-deals-worth-at-least-65-million\">suspected<\/a> DWF Labs of dumping tokens from its portfolio projects totalling at least $65 million.<\/p>\n<p>Earlier, the market maker invested in several Web3 startups, including <a href=\"https:\/\/forklog.com\/en\/news\/alchemy-pay-raises-10-million-for-expansion-in-south-korea\">Alchemy Pay<\/a>, <a href=\"https:\/\/forklog.com\/en\/news\/blockchain-startup-fetch-ai-raises-40-million-at-a-250-million-valuation\">Fetch.ai<\/a>, <a href=\"https:\/\/forklog.com\/en\/news\/dwf-labs-invests-20-million-in-defi-protocol-synthetix\">Synthetix<\/a> and <a href=\"https:\/\/forklog.com\/en\/news\/conflux-developers-raise-10m-from-dwf-labs\">Conflux<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The market maker DWF Labs has entered into a partnership with EOS Network, envisaging investments of more than $60 million.<\/p>\n","protected":false},"author":1,"featured_media":77166,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[817,1133],"class_list":["post-77165","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-eos","tag-venture-investments"],"aioseo_notices":[],"amp_enabled":true,"views":"16","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/77165","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=77165"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/77165\/revisions"}],"predecessor-version":[{"id":77167,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/77165\/revisions\/77167"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/77166"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=77165"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=77165"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=77165"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}