DWF Labs "Support for projects harmed by recent plunge…proposes investment, loans, buybacks"

Source
Minseung Kang

Summary

  • DWF Labs said it is considering providing funding to projects harmed by the recent market plunge.
  • It said support methods will include capital investment, loans, token buybacks (repurchases).
  • DWF Labs emphasized its role as a partner for market recovery and ecosystem growth.

Global crypto asset (cryptocurrency) investment firm DWF Labs plans to provide funding to projects that suffered losses due to the recent market plunge.

On the 11th, Andrei Grachev, co‑founder of DWF Labs, said on X (formerly Twitter), "If there are projects or companies that have been affected by the recent market plunge, DWF Labs will stand with them," adding, "We plan to provide support in the form of capital investment, loans, and token buybacks (repurchases) to enable swift recovery and growth."

He added, "DWF Labs will fulfill its role as a partner for market recovery and ecosystem growth," and said, "Let's continue sustained BUIDL."

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Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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