DWF Labs Launches $20M Cloudbreak Fund for Chinese Projects

DWF Labs, a market maker and Web3 investment firm, has launched the $20 million Cloudbreak Fund to support projects and founders in Chinese-speaking regions. The Cloudbreak Fund aims to support initiatives in various sectors, including gaming, social finance, meme coins, derivatives, and layer-1 or layer-2 blockchain tech. Chinese-speaking regions include Hong Kong, China, Macao, Taiwan and Singapore. Gaming finance is an area ripe for innovation, with blockchain technology offering new ways to monetize and enhance gaming experiences. DWF Labs has a notable track record of investments in the Web3 space.

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