DWF Labs, a leading global digital asset market maker and multi-stage web3 investment firm, is hosting an event for its friends and stakeholders in Dubai, UAE, on 24 February 2023.
Kicking off at 6 pm local time till late, the night of fun and networking will be held at the Dubai International Financial Center (DIFC), one of the emirate’s independent free zones.
You can register here to meet the DWF Labs team for an evening of cocktails and canapés.
Why this event matters?
DWF Labs, one of the largest investment companies with footprints in Singapore, Switzerland, UAE, South Korea, and Hong Kong among others, wants to expand its already-existing reach in Dubai.
The UAE is one of the most crypto-friendly countries in the world as 11% of the country’s residents have invested in cryptocurrencies.
The importance of this event can never be overstated. DWF Labs, an investment firm committed to investing in founders building the future of Web3, will be meeting with potential investors and founders.
What else is DWF Labs doing?
You can get a better understanding of what DWF Labs is doing by first understanding the company’s value proposition to the crypto space.
Apart from being one of the biggest Web3 investment firms in crypto, DWF Labs is a leading high-frequency trading company that trades spot and derivatives markets on the leading 40 top exchanges.
DWF Labs offers highly specialized services that include consulting, liquidity provision, smart contract audits, debt financing, and treasury management.
In recent times, DWF Labs has ramped up its investments in the crypto space. In 2023 alone, it has invested in more than 20 crypto projects spread across sectors such as data and analytics, the metaverse, GameFi, DAOs, DeFi, and NFTs.
DWF Labs recently participated in a token sale round with a16z. DWF Labs co-led a funding round with a16z in which Yield Guild Games (YGG), a play-to-earn gaming guild, raised $13.8 million.
DWF Labs’ diversified portfolio consists of projects such as Ribbon Finance, Aelf, Flow, Element Black, Biconomy, Chain, Raddix, Efforce, Onston, BioPassport, WOM Protocol, MicroChains Gov Token, Ryoma, Lena, Symbiosis, and more.
In Q4 2022, DWF Labs contributed $15 million to support Binance’s Industry Recovery Initiative, a program launched to identify investment opportunities in crypto firms facing challenges.
DWF Labs invested $10 million into the TON project as part of its ongoing initiative to support emerging web3 projects and ideas. TON, which is short for “The Open Network,” is a community-driven blockchain protocol with fast transactions.
Why should you care about DWF Labs’ event in Dubai?
This is a night of fun and networking. DWF Labs has built an impressive network of several partners across different verticals. Some of them may attend the event.
Depending on who you are, here are some of the reasons why this event is worth keeping tabs on:
- Founders who want to raise capital or meet potential investors should attend. This is a great chance to network.
- It is a great opportunity to meet new people in the crypto space who can share their unique experiences with you.
- There will be a lot of trailblazers who directly or indirectly shape the future of the industry
- Expand your knowledge, whether you are into marketing, management, or venture capital.
- The next big crypto idea or project may get its funding from the event.
- If you are not a UAE resident, this could be a good opportunity to see Dubai’s beauty.
Why Dubai, UAE
For starters, Dubai is arguably UAE’s most popular emirate. Dubai’s favorable regulatory environment and advanced infrastructure make it one of the financial capitals of the Middle East and the entire MENA region.
The country’s friendly rules have already attracted crypto big names such as Crypto.com, Binance, and ByBit.
Crypto’s footprint in the UAE extends beyond Dubai. Abu Dhabi, the capital of the UAE, has started a $2 billion initiative to support Web3 and blockchain applications in the region.
Hub71, Abu Dhabi ecosystem also helps startups with a wide range of programs, investment partners, and smooth relocation to the emirate.
And to be fair, DWF Labs has a presence in the region.
Figures to digest
- DWF Labs trades more than 2,000 tokens. This figure is still growing.
- DWF Labs is one of the top 5 trading entities by trading volume on the top 10 exchanges.
Save the date
Whether you will be attending or not, you should care about DWF Labs’ event in Dubai. It will bring together some of the brightest minds in crypto.
And the event is just around the corner. In Dubai, UAE. On 24 February 2023.
