- As part of its commitment to support TokenFi’s vision, DWF Labs will purchase TokenFi tokens worth $10,000,000.
- This acquisition from the TokenFi treasury will span two years and assist TokenFi in positioning itself aggressively in an increasingly competitive environment.
- TokenFi is an innovative crypto and asset tokenization platform that allows users to easily launch or tokenize their assets.
Web3 investment firm DWF Labs has announced a $10 million investment in TOKEN, the native cryptocurrency of the TokenFi project.
DWF Labs to Purchase $10 Million Worth of TOKEN
DWF Labs, a next-generation digital asset market maker and multi-stage Web3 investment firm, will purchase TokenFi tokens worth $10,000,000 as part of its commitment to support TokenFi’s vision to become a dominant player in the tokenization industry, expected to reach a value of $16 trillion by 2030.
[COINOTAG NEWS]
DWF Labs will receive $10 million worth of tokens.
This news published on COINOTAG PRO 10 seconds ago.
— COINOTAG NEWS (@coinotagen) March 5, 2024
This acquisition from the TokenFi treasury will extend over two years and help position TokenFi aggressively in an increasingly competitive environment. Additionally, it will ensure that TokenFi has sufficient resources to develop innovative and competitive products, including artificial intelligence (AI)-integrated offerings such as TokenFi’s Generative AI for NFTs, TokenFi AI Smart Contract Auditor, and more.
This significant investment comes at a time when TokenFi is poised to benefit from the most explosive bull run in the history of the crypto market, marked by the waves of tokenization and artificial intelligence. TokenFi first announced its partnership with DWF Labs in 2023, stating that DWF Labs would be the primary market maker.
This substantial purchase of TokenFi tokens will strengthen this partnership and strategically position TokenFi in the increasingly competitive field of tokenization.
About the TokenFi Project
TokenFi is an innovative crypto and asset tokenization platform that enables users to easily launch or tokenize their assets without requiring coding expertise. TokenFi is committed to revolutionizing the trillion-dollar tokenization industry by providing a user-friendly interface.
