DWF Labs Pours $10 Million into Blockchain Infrastructure Giant Orbs Network

DWF Labs, a market maker and investment firm, has invested $10 million in blockchain infrastructure provider Orbs Network through a token sale. This investment has resulted in a 15% increase in the price of the native ORBS token, which currently has an $85 million market cap. Orbs recently launched its dTWAP protocol for decentralized exchanges, and both Orbs and DWF are heavily involved in the TON ecosystem.

DWF Labs Injects $10 Million into Blockchain Infrastructure Provider Orbs Network

Tel Aviv, Israel - In a groundbreaking development, market maker and investment firm DWF Labs has invested a substantial $10 million in Orbs Network, a leading provider of blockchain infrastructure. This strategic investment, made through a token sale, has had an immediate impact on the market value of Orbs' native ORBS token, which has surged nearly 15% to 3.4 cents, bringing its market capitalization to an impressive $85 million.

The collaboration between Orbs and DWF Labs holds significant strategic importance, given their shared involvement in the TON (Telegram Open Network) ecosystem, initiated by the founders of Telegram Messenger.

Commenting on the investment, DWF Labs partner Andrei Grachev expressed immense enthusiasm, stating, "Orbs stands out as a highly promising project within the TON ecosystem. Their vision for the future of decentralized finance, exemplified by their development of the dTWAP protocol for decentralized exchanges and their invaluable contributions to the TON ecosystem, underscores their unwavering commitment to driving innovation and growth in this burgeoning space."

Orbs Network, established in 2017, has pioneered the development of a robust public blockchain infrastructure tailored to support mass-use applications. This infrastructure is engineered to deliver exceptional scalability, ensuring seamless handling of high-volume transactions, while maintaining low transaction fees. Its lightning-fast performance, coupled with stringent security measures and user-friendly interface, positions Orbs as an ideal foundation for diverse blockchain applications.

The company's flagship layer 3 product, the dTWAP (decentralized time-weighted average price) protocol, has garnered significant attention within the decentralized exchange (DEX) ecosystem. This cutting-edge protocol offers a decentralized mechanism for calculating the time-weighted average price of an asset, a crucial metric in DEX operations.

Orbs' mainnet and ORBS token were officially launched in early 2019, marking a pivotal milestone in the company's evolution. Since then, Orbs has continuously expanded its infrastructure capabilities and added new features, solidifying its position as a leading provider of blockchain solutions.

This strategic investment by DWF Labs serves as a testament to Orbs' unwavering commitment to driving the adoption and advancement of blockchain technology. The collaboration between these two entities is expected to further accelerate the development of innovative blockchain-based solutions and contribute to the growth of the industry as a whole.

For further insights into the transformative impact of blockchain technology and DWF Labs' role in shaping its future, please refer to the following article: [Read more: DWF Labs Invests $25M in Privacy Tech Startup Beldex](https://www.coindesk.com/business/2022/03/03/dwf-labs-invests-25m-in-privacy-tech-startup-beldex/).