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DWF Labs offers a $20 million Cloudbreak Fund to support Web3 in Chinese-speaking regions

DWF Labs, a leading Web3 investor, has launched the $20 million Cloudbreak Fund to support Web3 projects and founders in Chinese-speaking region s, as per the latest updates shared with Finbold on July 3. The fund will nurture innovative initiatives in GameFi, SocialFi, Memecoins, Derivatives, and Layer-1/Layer-2 infrastructure projects by providing them with the resources necessary to accelerate their growth and establish a strong presence in the Web3 ecosystem. Andrei Grachev, Managing Partner at DWF Labs, expressed his enthusiasm for the project, stating:  Picks for you Crypto whales sell million s of this token targeted by the SEC 9 hours ago ADA set for a 70% spike as this pattern plays out 10 hours ...