DWF Labs Receives 90 Applications for Its China-Focused Accelerator Fund

IconCryptoNewsTerminal Staff08 Aug, 2024

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DWF Labs Receives 90 Applications for Its China-Focused Accelerator Fund

DWF Labs, a leading crypto market maker, has announced that its "Cloudbreak" $20 million fund, which focuses on supporting projects in Greater China, has garnered attention from startups, with over 90 projects applying. DWF Labs aims to identify and back promising projects that are shaping the blockchain and cryptocurrency ecosystem in China. Through its Cloudbreak fund, the company provides funding, mentorship, and access to a network of industry experts and resources to help selected projects accelerate their growth and innovation. The fund's focus on China recognizes the country's significant contributions to blockchain development and the growing adoption of digital assets in the region. DWF Labs is well-positioned to leverage its expertise and network to support the most promising projects in this dynamic market.