2024

FLOKI

TokenFi

DWF Labs has announced an investment of $10 million in TokenFi’s native currency, TOKEN, to support the tokenization sector, projected to reach $16 trillion by 2030.&nbsp;
DWF Labs will <a href="https://blog.tokenfi.com/dwf-labs-to-purchase-10-000-000-in-tokenfi-tokens-3de61bd67c52" target="_blank" rel="noopener noreferrer nofollow">purchase</a> the tokens directly from the platform’s reserves over two years and aims to support TokenFi with the necessary capital to develop more transformative and market-leading products.
The funds will be used in TokenFi’s AI-integrated projects, such as its AI-driven NFT generation tool and the AI-based Smart Contract Auditor.
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 DWF LABS TO PURCHASE $10,000,000 IN TOKENFI TOKENS DWF Labs will purchase $10,000,000 in <a href="https://twitter.com/search?q=%24TOKEN&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$TOKEN</a> as part of their commitment towards supporting <a href="https://twitter.com/hashtag/TokenFi?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#TokenFi</a>’s vision of becoming a dominant player in the tokenization industry, which is projected to be worth $16 trillion by 2030. FULL… <a href="https://t.co/fo7co1uW4e" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/fo7co1uW4e</a>— TokenFi (@tokenfi) <a href="https://twitter.com/tokenfi/status/1764983848092282949?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">March 5, 2024</a>
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Last year, TokenFi announced that <a href="https://crypto.news/prom-soars-90-following-dwf-labs-ceo-investment-announcement/" rel="noopener noreferrer nofollow">DWF Labs</a> would become its primary market maker, and the latest investment further builds on that partnership. Following the announcement, <a href="https://coinmarketcap.com/currencies/tokenfi/" target="_blank" rel="noopener noreferrer nofollow">TOKEN’s</a> value surged by 50%, achieving an all-time high of nearly $0.09. TOKEN’s trading volume also surged by almost 140% today.&nbsp;
Launched last year as a sister project of <a href="https://crypto.news/price/floki/" rel="noopener noreferrer nofollow">Floki</a>, TokenFi provides a platform that simplifies the tokenization or launching of assets for its users. The memecoin itself has gained significant value throughout the current bull run, as FLOKI gained nearly 200% since last week.&nbsp;
Read more: <a href="https://crypto.news/kremlin-hopes-to-cut-us-dollar-reliance-with-blockchain-in-brics/" rel="noopener noreferrer nofollow"> Kremlin hopes to cut US dollar reliance with blockchain in BRICS </a>

DWF Labs to acquire $10m in TokenFi tokens over 2 years

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