What is Tomi & DWF labs?

NEW YORK, March 21, 2023 -- ( BUSINESS WIRE )-- tomi, an anonymous project led by eight big names in crypto, secures $40 million for its DAO-governed alternative internet network in a funding round led by DWF Labs.

Who is DWF labs?

DWF Labs' leading of this funding round continues the market maker's recent flurry of investments in Web3 projects, following a multi-million dollar purchases of the native tokens of blockchain infrastructure provider Orbs Network and derivatives protocol Synthetix.

Is DWF labs investing in Web3?

DWF Labs, a leading global market maker and investment firm, has been heavily investing in the Web3 ecosystem in recent months in a focused drive to “disrupt traditional industries,” according to Andrei Grachev, DWF Labs’ Managing Partner.