TechFlow news: DWF Labs announced that its Cloudbreak fund has received over 90 project applications in the first month since launch. It stated long-term support for projects from Chinese-speaking regions, such as Mask Network and Yuliverse.
In addition to making a significant investment in Mask Network, DWF Labs assisted with its integration on TON, enhancing the project's scalability. The collaboration with Yuliverse helped expand the reach of this game-social metaverse platform.
The fund has committed $20 million to support Web3 projects from Chinese-speaking regions, covering areas including GameFi, SocialFi, Memecoins, DeFi, AI, and Layer 1/2 infrastructure.
As a Web3 investor and market maker, DWF Labs currently supports over 700 projects, including 20% of the top 100 and 44% of the top 1,000 projects by CoinMarketCap ranking.
Previous report: DWF Labs launched a $20 million crypto fund, Cloudbreak, targeting Chinese-speaking communities.
