DWF Labs Invests $28 Million to Amplify Conflux Success

DWF Labs Invests $28 Million to Amplify Conflux Success


DWF Labs, a global digital asset market maker and investment firm, has reaffirmed its commitment to supporting the growth of Conflux, a blockchain platform. Conflux has gained momentum through key partnerships, including one with China Telecom to develop a blockchain SIM card. DWF Labs recently purchased $18 million worth of Conflux’s CFX token, following a $10 million purchase in March. Conflux has also joined the Web 3.0 Institute in Hong Kong and participated in the Singapore Digital Economy Roundtable. It has formed partnerships with various companies, including Supremacy, DAppOS, NuLink, Smooth Labs, and Opside. Conflux has established ecosystem partnerships and co-hosted events with DWF Labs. The funds raised will support Conflux’s ecosystem growth in Asia, developer communities, and the integration of real-world assets on its blockchain. DWF Labs has been a key supporter of Conflux’s growth and aims to fill in missing pieces of the Web 3.0 puzzle. Conflux is a permissionless blockchain that provides fast, secure, and scalable solutions, with a focus on regulatory compliance in China. DWF Labs is a digital asset market maker and investment firm with a global presence.

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