DWF Labs Expands Its Presence in Far East
DFW Labs, which already has offices in Switzerland, Singapore, Dubai, and the British Virgin Islands, is opening a fifth office in Seoul.
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DFW Labs is opening a new office in Seoul, expanding the market maker’s presence in Eastern Asia.
Brand New Seoul Office
Global Web3 venture capital and one of the largest market makers, DWF Labs, has announced the opening of a new office in South 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 South Korea office will help to support its Asia expansion plans to offer more investments, market making services, and OTC solutions to the region. Managing Partner Andrei Grachev stated:
“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.”
DWF Labs provides Market Making, secondary market investments, early-stage investments, and over-the-counter (OTC) trading services for Web3 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.
The firm’s new office in South Korea will be led by Harvey Kim, Head of Regional Sales Korea for Market Making & Investments. “Despite the cryptocurrency market’s performance in the past 10 months, Asia’s web3 ecosystem is still vibrant. Especially in Korea where we are witnessing more projects pivoting their focus to building and innovating on their products,” stated Kim. “We believe Korea offers the perfect base to capture growing web3 opportunities in the region and our investment appetite is still very much alive.”
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