DWF Labshas invested $25 million in Privacy Tech Startup Beldex.
The funds invested will be used to help support an ecosystem of decentralized apps that protect user data.
DWF Labs Makes a Hefty Investment in Privacy Tech Startup Beldex
Beldex, a Web3 ecosystem of decentralized applications that protect users’ data and identities, is a digital asset market maker and investment firm. DWF LabsRaised $25 million in a new partnership with
The funds will help accelerate research and development for the Beldex ecosystem, and DWF will serve as an advisor. Beldexwill additionally use these funds to market the projects.
DWF Labs managing partner Andrei Grachev said in the announcement:
“We are excited by Beldex’s ecosystem, which offers scalable and secure decentralized applications that prioritize privacy. The BDX token is an integral part of this ecosystem and offers a secure means of payment. We believe Beldex’s innovative solutions and focus on privacy and decentralization make it a strong player in the cryptocurrency space.”
