DWF Labs, a web 3.0 investment firm, purchased close to $10 million in tokens and joined the Orbs ecosystem.
DWF Labs Announces $10 Million Investment in the Orbs Ecosystem
DWF is a popular multi-stage Web3 investment firm. Since its inception, the firm has invested in more than 100 web3 projects. These projects include categories such as Commerce, Metaverse, GameFi, DeFi, and Infrastructure.
DWF is one of the most important supporters of the TON ecosystem. Accordingly, the firm has recently invested in TON and said that it would continue to invest in TON-based projects.
“We are extremely excited about DWF joining the Orbs Ecosystem. This move is a great vote of confidence in Orbs layer 3 technology and its potential to advance the Web 3.0 industry.”
Nadav Shemesh, Orbs CEO
“Orbs is a highly promising project within the TON ecosystem, and we are pleased to invest in their vision for the future of decentralized finance. Their dTWAP protocol for decentralized exchanges and their contributions to the TON ecosystem demonstrate their commitment to advancing the potential for growth and innovation in the space.”
Andrei Grachev, the Managing Partner of DWF Labs
About DWF Labs
With offices around the world, DWF is a multi-tier web3 investment firm as well as a digital asset market maker. The investment firm is a subsidiary of Digital Wave Finance (DWF), one of the biggest high-frequency trading platforms for cryptocurrencies in the world. DWF trades spot and derivatives markets on more than 40 reputable exchanges.
About Orbs
Orbs was established in 2017, and its mainnet and token were released in March 2019. A devoted team of more than 35 people working from Tel Aviv, London, New York, Tokyo, and Seoul is developing Orbs. The platform uses proof-of-stake consensus. It is an open, decentralized, and public blockchain infrastructure run by a secure network of permissionless validators.
Leave a comment