In just the last 24 hours, DWF Labs announced Capital injection into 3 crypto projects Milady (LADYS), Sidus Heroes (SIDUS) and FLOKI Inu (FLOKI) with a total amount of more than 17 million USD.
DWF Labs spent 17 million USD investing in 3 crypto projects in just 1 day
June 3 and 4 were a time of "bumper" with investment information for DWF Labs - one of the leading investment funds and market maker (MM) in Web3 projects. Because in just the last 24 hours, DWF Labs announced Capital injection into 3 different crypto projects with a total amount of more than 17 million USD.
First is the announcement of a 5 million USD investment in the Milady project (LADYS) - the memecoin "following" the Milady Maker Non-Fungible Token collection, which has made many accounts "change their lives" with the continuous price increase in early 2023. .
According to the project, this investment will mark an important turning point for LADYS, supporting the project's future growth as well as strengthening its position in the memecoin space.
However, according to previously revealed on-chain data, DWF Labs sent 5 million USDT to the wallet address related to the LADYS developer on May 28, 2024. This means that DWF Labs could have made a transaction to buy LADYS worth 5 million USDT through OTC but it was not until June 3 that it released the news of "legitimizing the price line".
📢 US$5M Investment from DWF Labs 🚀$LADYS has successfully secured a monumental US$5M investment from DWF Labs! This funding solidifies$LADYS as the beating heart of meme culture, ready to transcend new heights 🌟 pic.twitter.com/LpMGVTgc2e
— Milady (@miladymemecoin) June 3, 2024
Following LADYS, just a few hours later, DWF Labs continued to announce that it had an investment cooperation agreement in the Sidus Heroes project - a AAA, Play-to-Earn game in the MMORPG genre developed on blockchain.
The cooperation agreement is expected to contribute to the growth of the ecosystem, market presence and development of Sidus Heroes in Web3. In addition, DWF Labs ' undisclosed funding will also promote the development of the Play-to-Earn gaming field.
Looking forward to propel the Web3 gaming ecosystem with @galaxy_sidus 🔥 https://t.co/KwltgpDQFz
— DWF Labs (@DWFLabs)June 3, 2024
At the end of the " Capital injection" day, DWF Labs closed with an investment of 12 million USD in the FLOKI Token of the FLOKI Inu memecoin project.
According to the plan, DWF Labs will use this money to buy FLOKI from the open market and the project's treasury, with the aim of supporting FLOKI with enough resources for products about to be "launched" later this year, including includes: Mainnet version, virtual space game Valhalla, FLOKI trading bot and ". FLOKI" domain name service
This follows a commitment to buy $10 million of FLOKI in February , which increased FLOKI price by more than 80% at the time. In parallel, there is an investment of 10 million USD in TokenFi (Token) , the "sister" currency of FLOKI, within 2 years to develop products incorporating AI.
DWF Labs TO PURCHASE $12,000,000 IN FLOKI TOKENS TO SUPPORT THE FLOKI ECOSYSTEM
— FLOKI (@RealFlokiInu) June 4, 2024
As a testament to its unwavering support for the # FLOKI Ecosystem, DWF Labs will purchase $12,000,000 in$ FLOKI tokens. A portion of the tokens will be acquired from the market, and the rest will be… pic.twitter.com/z2kHiUgAdc
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