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DWF Labs, led by managing partner Andrei Grachev, has announced plans to invest heavily in several meme coins to accelerate their growth and efficiency. This announcement was followed by a significant onchain transaction where DWF Labs transferred $5 million USDT to the developer's wallet of the meme coin $LADYS. This move highlights the company's commitment to supporting the meme coin ecosystem, including the Milady ecosystem, and suggests a broader institutional interest in this niche area of the crypto market.
.@DWFLabs is “willing to deploy a large amount of funds” into memecoins, said its managing partner Andrei Grachev (@ag_dwf). Onchain activity highlights a connection between the large market maker and the Milady ecosystem. @httpsageyd reports https://t.co/Loi0vq14tc
DWF Labs to Invest in Memecoins, Onchain Data Reveals LADYS Transactions The public statement and onchain activity are additional signs of institutions broadening their exposure to the mainstream but once niche area of the crypto ecosystem. https://t.co/aFYzdIcyZE
.@DWFLabs plans to invest in several meme coins. After the tweet, the company transferred $5 million to the developers of $LADYS. https://t.co/MpHHUbaeDq https://t.co/rfXdSvOTGf https://t.co/Y240ilpPGt
