Crypto NewsAltcoinDWF Labs Invests in Popular Artificial Intelligence Altcoin: Becomes 21st Largest Whale...

DWF Labs Invests in Popular Artificial Intelligence Altcoin: Becomes 21st Largest Whale with a Single Trade

Talking about its recent investments, the company DWF Labs announced that it has invested in the popular altcoin of the artificial intelligence field.

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DWF Labs, a blockchain research and development company, has purchased 10 million Fetch.ai (FET) tokens from Binance for a total value of $2.01 million at a price of $0.022 per token.

DWF Labs is investing for the first time in the FET project, which aims to create a decentralized network of autonomous agents capable of performing complex tasks in various fields.

According to the latest data, DWF Labs has a 19.341% share of FET in its portfolio, and the company is currently the 21st largest owner of FET tokens. The company also holds other crypto assets such as Curve DAO (CRV), Tether (USDT), CyberConnect (CYBER), and Metis (METIS).

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Here is DWF Labs' current portfolio:

  • CRV: 43,224% (10.5 million tokens, worth $4,776 million)
  • USDT: 19.978% (2,208 million tokens, $2,208 million worth)
  • FET: 19.341% (10 million tokens, $2,138 million worth)
  • CYBER: 5,615% (170k tokens, worth 618.8k)
  • Others: 11.842% ($496.86k, including 42k METIS tokens)

The company also holds small amounts of USDC, VELO, MC, BNB, ETH, ID and BNT.

*Not investment advice.

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