DWF Labs Invests USD 16 Million in RACA to Foster Web3 Gaming Ecosystem

Market maker and investment firm DWF Labs announced that it has invested USD 16 million in Web3 company RACA. This funding will help RACA continue to pursue its goal of becoming a large Web3 gaming ecosystem.

AI-focused cryptocurrency project Fetch.ai also recently announced that it has received USD 40 million worth of investment from DWF Labs.