October 19, 2022 – Singapore, Singapore
Global Web 3.0 venture capital and one of the largest market makers, DWF Labs, has announced the opening of a new office in Korea.
The new office is the fifth global location for the firm, which is headquartered in Switzerland and present in Singapore, Dubai and the British Virgin Islands. The firm shared that the new Korea office will help to support its Asia expansion plans to offer more investments, market making services and OTC solutions to the region.
Andrei Grachev, managing partner, said,
“The opening of DWF Labs’ new Seoul office is an important step towards achieving our growth targets. The new office will strengthen our regional position as market makers and liquidity providers in Asia.”
The firm’s new office in Korea will be led by Harvey Kim, head of regional sales Korea for market making and investments.
“Despite the cryptocurrency market’s performance in the past 10 months, Asia’s Web 3.0 ecosystem is still vibrantspecially in Korea, where we are witnessing more projects pivoting their focus to building and innovating on their products.
“We believe Korea offers the perfect base to capture growing Web 3.0 opportunities in the region, and our investment appetite is still very much alive.”
Angus Chung, Korean representative of DWF Labs, said,
“The Korean market is one of the fastest-growing in the Asia region. It is an exciting time for DWF Labs to incorporate the Korean entity and launch the new office in Seoul.”
DWF Labs seeks to invest in and support bold founders who want to build the future of Web 3.0. The firm is a leading global digital assets market maker and multi-stage Web 3.0 investment firm that supports projects from market making to OTC (over-the-counter) trading solutions.
Currently, DWF Labs has supported more than 50 Web 3.0 projects through investment, liquidity and market making.
About DWF Labs
DWF Labs is a global market maker and multi-stage Web 3.0 investor with offices in Korea, Singapore, Switzerland, the United Arab Emirates and the British Virgin Islands.
The firm provides market making, secondary market investments, early-stage investments and OTC trading services for Web 3.0 companies, along with token listing and advisory services.
DWF Labs is part of Digital Wave Finance (DWF), one of the world’s top cryptocurrency traders, which trades spot and derivatives on over 40 top exchanges.
For more information about DWF Labs, visit its website here.
Harvey Kim, head of regional sales, Korea, for market making and investments at DWF Labs