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DWF Labs Invests $10M in the TON Ecosystem

DWF Labs, the leading blockchain industry market maker, has become a prominent supporter of the TON ecosystem. Through its partnership with the TON Foundation, DWF Labs supports The Open Network with an investment, token development, market creation, and exchange listing. 

DWF Labs commits to allocating $10m to support the growing TON ecosystem. In addition, a total of 50 seed investments are scheduled over the next 12 months. Every investment is designed to accelerate the growth of TON and its projects. 

Furthermore, DWF Labs intends to increase the number of TON ecosystem participants by improving the TONcoin volume across supporting platforms. Currently, TONcoin has a trading volume of up to $20 million. That number will double within the first three months of the partnership.

(By Chainwire)

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