While expectations for the future of cryptocurrencies are rising, many projects continue to raise millions of dollars in funding.
In this context, the investment company DWF Labs recently invested in LeverFi.
In his post on Twitter, LeverFi said that LeverFi received an investment of US$ 2 million from DWF Labs, one of Web3's largest market makers.
“We are excited to share that LeverFi has received a $2 million investment from DWF Labs, one of Web3's largest market makers.
“This investment, which has been locked and authorized for two years, represents our shared commitment to further DeFi innovation.”
Following DWF Labs' investment news, LeverFi's token LEVER experienced an increase of approximately 6%. LEVER, which rose to $0.00198, gave back its gains and continues to be traded at $0.00182 at the time of writing.
*This is not investment advice.