DWF Labs reports a tenfold AUM increase, targeting $50 billion in two years.
The firm aims for a 30% market share in all liquid altcoins, expanding its influence.
New synthetic stablecoin targets high yields, enhancing market liquidity and safety.
DWF Labs, a major cryptocurrency firm, has announced a tenfold increase in its assets under management (AUM) in just ten days.
Andrei Grachev, co-founder of DWF Labs, shared the news in an X post, highlighting the company’s rapid growth and its goal of reaching $50 billion in AUM within two years.
DWF Labs also aims to control 30% of the market share in all liquid altcoins, demonstrating its ambition to expand its influence in the crypto market.
AUM of @DWFLabs asset management is 10x in last 10 days. Our target is to reach 50b$ AUM / 30% market share of all liquid altcoins within the following 2 years.
— Andrei Grachev (@ag_dwf) October 1, 2024
Ambitious Plans for Altcoin Dominance
DWF Labs is strategically focusing on developing and investing in altcoins, positioning itself as a reputable backer in the industry. The company recognizes the immense potential of the altcoin market, which continues to gro…
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