TOKENFI PARTNERS WITH DWF LABS AS ITS FIRST MAJOR INSTITUTIONAL PARTNER AND MARKET MAKER
TokenFi (TOKEN) has partnered strategically with DWF Labs, a digital asset market maker and multi-stage Web3 investment firm.
This partnership is based on DWF Labs’ strong belief in the massive potential of the trillion-dollar tokenization market and the future of the Floki Ecosystem, of which TokenFi is a part.
As part of this partnership, DWF Labs will be TokenFi’s main liquidity provider on exchanges to deepen the token’s liquidity and facilitate demand for interested parties who may be keen on exploring TokenFi and $TOKEN.
DWF Labs will also play a pivotal role in the TokenFi Connect section of the platform, becoming a key institutional partner. This move not only solidifies DWF Labs’ commitment to TokenFi’s success but also strengthens the platform’s position in the institutional landscape.
The TokenFi platform allows users to launch tokens or tokenized assets without writing code. Users can raise funds, connect with exchanges and market makers for liquidity, and float tokens tied to real-world assets that are not deemed securities.
Incentives will be offered to users who use the protocol to launch their tokens or tokenize their assets. A percentage of TokenFi tokens has been set aside to reward protocol usage based on daily activity — which will create a flywheel effect that attracts users who keep using the platform for even more rewards.
The protocol will see its initial launch on five leading blockchains — Ethereum, BNB Chain, opBNB, Base, and Arbitrum networks — and will expand to more blockchains in the coming months.
This partnership with DWF Labs will be incredibly valuable in helping accelerate TokenFi’s adoption in institutional circles. DWF Labs has also expressed strong interest in purchasing TokenFi (TOKEN) tokens in the future due to their firm conviction about the project’s potential.
DWF Labs was one of the few organizations that partnered with industry leader Binance for its $1.1 billion Industry Recovery Initiative (IRI) alongside other top investment firms.
DWF Labs’ deep connections with exchanges, trading outlets, institutional investors, and extensive network have proven helpful to TokenFi’s parent project, Floki. Leveraging these connections, this partnership is set to propel TokenFi to even greater heights.
About TokenFi
TokenFi is Floki’s sister token and an all-in-one tokenization platform for launching tokens or tokenizing assets in a few clicks using a simple WYSIWYG interface without writing a single line of code. TokenFi is taking on the trillion-dollar tokenization industry. The world’s largest investment firm and institutional asset manager, BlackRock, calls tokenization “the next evolution in markets”.
Website: https://tokenfi.com
Twitter: https://twitter.com/tokenfi
About Floki
Floki is the people’s cryptocurrency and utility token of the Floki Ecosystem. Floki aims to become the most known and most used cryptocurrency in the world and intends to achieve this ambitious goal through a strong focus on utility, philanthropy, community, and marketing. Floki currently has 440,000+ holders and a strong brand recognized by billions of people from all over the world due to its strong marketing partnerships.
Website: https://floki.com
Twitter: https://twitter.com/realflokiinu
About DWF Labs
DWF Labs is the global digital asset market maker and multi-stage web3 investment firm, one of the world’s largest high-frequency cryptocurrency trading entities, which trades spot and derivatives markets on over 60 top exchanges.
Website: https://www.dwf-labs.com/
Twitter: https://twitter.com/DWFLabs
