DWF Labs Doubles Down on Conflux With $28 Million Invested - The Daily Hodl

The Daily Hodl
The Daily Hodl

28 Jun 2023 4:41 PM

DWF Labs, the global digital asset market maker and multi-stage Web 3.0 investment firm, has further strengthened its commitment to support the growth of Conflux, the tree-graph consensus algorithm layer one blockchain....

  • Conflux has gained significant traction since February 2023 through key partnerships and collaborations.
  • DWF Labs has purchased $18 million worth of CFX tokens, solidifying their long-term relationship with Conflux.
  • Conflux has joined the Web 3.0 Institute in Hong Kong, participated in the Singapore Digital Economy Roundtable, and led the drafting of an international blockchain standard.
  • Conflux has established ecosystem partnerships with various companies and co-hosted events with DWF Labs.
  • The raised funds will be used to fuel Conflux's ecosystem growth in Asia and Hong Kong.

The overall sentiment of the article is positive, highlighting Conflux's growth, partnerships, and support from DWF Labs.

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You May Ask

What are some key partnerships that Conflux has formed?How much did DWF Labs invest in CFX tokens?What are the goals of Conflux's BSIM card project with China Telecom?How will Conflux use the raised funds to fuel its ecosystem growth?What advantages does Conflux provide as a permissionless layer one blockchain in China?

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