We are delighted to announce that TomoChain and DWF Labs have entered into a investment arrangement. This investment is set to bolster TomoChain’s layer-1 blockchain infrastructure and contribute toward driving mass adoption of Web3.
TomoChain is a blockchain platform known for its commitment to scalability, security, and decentralization. Having launched its mainnet in 2018 with the vision of creating a blockchain infrastructure that is fast, efficient, and environmentally-friendly, TomoChain has garnered considerable attention in the blockchain space.
The mission of TomoChain is to accelerate the onboarding of millions of users by adopting blockchain technology that covers the friction while keeping the underlying benefits. An assortment of unique features and protocols, including TomoChain's technology, are designed to support speed, privacy, usability, and liquidity requirements all in one platform. Powered by Proof-of-Stake Voting consensus, TomoChain is utilized commercially by organizations all over the world.
Beyond the financial support provided by DWF Labs, the Web3 multi-stage investment firm and liquidity provider will add substantial value in strengthening and catalyzing our ecosystem development roadmap with their extensive network in the industry. To foster continued sustainable growth and expansion, we will also be actively working on developing ecosystem initiatives and tools to foster the continued growth of the TomoChain community. Finally, to further strengthen our secure and scalable blockchain, TomoChain will utilize the raised funds for team expansion and bolster the technical development efforts towards our layer-1 infrastructure.
About DWF Labs
DWF Labs is the global digital asset market maker and multi-stage web3 investment firm, one of the world's largest high-frequency cryptocurrency trading entities, which trades spot and derivatives markets on over 60 top exchanges.
TomoChain is a scalable blockchain powered via Proof-of-Stake voting consensus and used commercially by companies globally.
TomoChain’s mission is to accelerate the onboarding of millions of users by empowering today’s applications with technology that masks the friction of Blockchain, all while retaining its underlying benefits.