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EOS Network Lands $60M Investment and Partnership From DWF Labs

DWF Labs, a digital asset market maker and investment firm, has announced an investment deal with the EOS Network Foundation (ENF) worth over $60 million. The deal includes a $45 million EOS token purchase agreement and a $15 million pledge to invest in businesses and projects based on EOS, aimed at expanding and promoting the EOS Network. The collaboration is timely, as the EOS Network is set to unveil its enterprise-grade EOS Ethereum Virtual Machine (EVM) on April 14, which surpasses other networks with over four times more swaps per second. DWF Labs has recently invested in other crypto projects such as Synthetix and Fetch.ai.

(By AMAKA NWAOKOCHA)

EOS EOS $0.85
+0.27%
DWF Labs
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