According to TechFlow, DWF Labs announced the launch of a $20 million Cloudbreak Fund to support promising projects and founders in the Chinese-speaking region.
DWF Labs said it will continue to support the Web3 industry through significant investments and strategic resources, especially during periods of market volatility. The fund welcomes applications from GameFi, SocialFi, Meme, derivatives, AI or L1/L2 infrastructure projects.
