DWF Labs, a global digital asset market maker and Web3 investment firm, is strengthening its support for the growth of Conflux, a Layer-1 blockchain platform. Conflux has gained traction through key partnerships, including a collaboration with China Telecom to develop a blockchain SIM card. DWF Labs recently purchased $18 million worth of CFX tokens, following a previous purchase of $10 million in March. Conflux has also joined the Hong Kong Web3 Institute and participated in the Singapore Digital Economy Roundtable. They have announced partnerships with Supremacy, dappOS, NuLink, Smooth Labs, and Opside. DWF Labs has played a significant role in placing Conflux on the global stage, and they have co-hosted events together. Conflux plans to use the raised funds to expand its ecosystem and bring real-world assets onto its blockchain. Conflux is a permissionless Layer 1 blockchain that provides a fast, secure, and scalable environment with zero congestion. It is the only regulatory-compliant public blockchain in China and has collaborated with global brands and government entities. DWF Labs is a global digital asset market maker and Web3 investment firm that supports portfolio companies in various ways. They have offices in multiple countries and are affiliated with Digital Wave Finance, a top trading entity in the cryptocurrency world.
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