Market Maker DWF Labs Emerges as Top Crypto Investor – CoinDesk

Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Brandy covers crypto-related venture capital deals for CoinDesk. Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Investment in crypto companies, which poured in at a record pace during the 2021 bull market, slowed to a near stop as the bear market began and headline-grabbing scandals rocked the industry.However, along with a few feisty venture capital firms, market maker DWF Labs, which has operated in the crypto space since 2018, has stepped in with a steady wave of investments.“We believe that this bearish market – this turbulent market – is the best time to join the investment space,” DWF Labs managing partner Andrei Grachev told CoinDesk in an interview. “We accumulated enough funds from our profits to invest in projects now.”DWF Labs has offices in Singapore, Switzerland, the British Virgin Islands, the United Arab Emirates, South Korea and Hong Kong. The firm is an affiliate of Digital Wave Finance (DWF), a global crypto trading player that trades in spot and derivatives markets on over 40 top exchanges.As an investor, DWF Labs prefers to participate through token purchases and favors
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