Market maker and investment firm DWF Labs has announced a partnership with the EOS Network Foundation (ENF) that includes an investment agreement worth over USD 60 million. DWS Labs will support the network through a USD 45 million EOS token purchase agreement and a USD 15 million commitment to invest in EOS-based businesses and projects. This commitment aims to accelerate the expansion and acceptance of the EOS network.
DWF Labs recently announced that it had invested USD 16 million in Web3 company RACA and USD 40 million in Fetch.ai, an artificial intelligence-focused cryptocurrency project.