DWF Labs launches a $75 million investment fund focused on DeFi

According to The Block, crypto market maker DWF Labs has announced the launch of a new investment fund focused on decentralized finance (DeFi) with a scale of $75 million, targeting projects built on Ethereum, BNB Chain, Solana, and Base.

This is a further expansion of DWF's "incubation and risk-building work," specifically, DWF is looking to invest in the next batch of founders who are committed to "addressing real structural issues in areas such as liquidity, settlement, credit, and on-chain risk management, rather than making incremental improvements to existing protocols." This includes tools such as "dark pool" perpetual DEXs, on-chain money markets, fixed income or yield-generating products, which are "expected to see significant growth" as liquidity continues to structurally migrate on-chain. The new fund is funded by its own capital and is currently not accepting new investors.