DWF Labs launches a $20 million Meme fund to support Memecoin projects across multiple blockchains
ChainCatcher news, according to financefeeds, Web3 investors and market makers DWF Labs have launched a $20 million Meme fund to support innovative memecoin projects across multiple blockchains.DWF Labs has previously collaborated with tokens such as Floki, Turbo, Simon's Cat, Neiro Ethereum, and First Neiro on Ethereum. The Meme fund aims to provide financial and strategic support to projects that demonstrate strong community engagement, unique value, and global impact potential.DWF Labs Executive Partner Andrei Grachev stated, "Memecoins are a powerful cultural force in the cryptocurrency space, often uniting communities around shared humor and creativity. The Meme fund is our way of supporting this vibrant industry and empowering developers and communities to turn their ideas into impactful projects."