DWF Labs Broadcast

Institutional capital is increasingly moving into production-grade onchain infrastructure, and the data from the past two weeks reflects that shift in concrete terms. 1️⃣ Legal & General Asset Management put $68B in funds onchain via the Calastone token network, the kind of move that marks the difference between institutions studying tokenization and institutions committing to it. 2️⃣ Stablecoin supply on Ethereum reached a record $180B, with Ethereum now holding roughly 60% of the global stablecoin market. 3️⃣ New users on Ethereum jumped 82% quarter-over-quarter, with transaction volumes hitting record highs. 4️⃣ Strategy added another 13,927 BTC, bringing total holdings past 780,000. Meanwhile, DEXs are on pace to capture more than 25% of combined spot trading volume by year-end, and crypto-backed loans are increasing as institutional participants increasingly use DeFi protocols for capital deployment. Our latest edition of Eyes on the Market breaks down what's happening. Read more here.

The state of AI agents in DeFi right now: 👉 19% of all onchain activity is automated or agentic 👉 76% of stablecoin transfer volume is generated by bots 👉 17,000+ agents launched since 2025 👉 $39M+ TVL held by agents directly There is significant room for agentic activity to grow in DeFi but trust, execution, and infrastructure are still the bottlenecks. DWF Ventures explores where this goes next in their article here. If you are building, the DWF Ventures team is always looking to back exceptional projects. Reach out here.

Integration, compliance, and frameworks are next for tokenized RWAs. Hear more from Andrei Grachev, Managing Partner 👆

South Korea's prepaid card and digital wallet market is projected to hit $39.66B by 2030. Without a KRW stablecoin, it would mean: ❌ Less visibility for regulators on capital flowing to USDT, USDC, and overall crypto activity ❌ Missed revenue from reserve-backed yield ❌ Continued USD dependency in cross-border settlements The case for a KRW stablecoin is clear, but the framework isn't yet. More from DWF Ventures here.

1 product update, 100+ new markets, and $130B in volume. DWF Ventures breaks down how Hyperliquid's HIP-3 became a key inflection point for RWA perps 👇 Since launching permissionless perp deployment in October 2025, HIP-3 markets have attracted 2.2M+ unique traders and $1.7B in open interest. RWA-related pairs are driving over 90% of that activity. Read more here. Image source: Artemis

[26 Jan to 1 Feb] DWF Crypto Snapshot Our latest #crypto report by DWF Labs Managing Partner Andrei Grachev is up. Here's your weekly dose 💫 💠 Derivatives Markets Point To Incoming #Bullish Sentiments 💠Build And Win A TON Of Prizes At The Hack-a-TONx DoraHacks (TON Foundation) 💠Conflux Network Captures The Chinese Market With Prominent Partnerships 💠US State Department Drives Progress With #NFT Car Titles 💠Amazon: From E-Commerce To NFT #Gaming Platform 💠NFT Patent Applications Show No Sign Of Slowing Down In 2023 💠A Scoreboard For Fiat-Backed #Stablecoins Is In The Works 💠NFT Transactions Dominate Gas Fee Usage On Ethereum 💠Modularity Is The Way To Unlock #Blockchain Potential, Says A&T Capital’s Report Full read here. Missed last week's snapshot? Read here. Follow us on Medium here. Stay up-to-date on the latest DWF Labs updates: Website| Twitter | Linkedin | Telegram

​TON's 2023 roadmap The TON Foundation has updated its roadmap for 2023 and published a statement on the matter. You can read the foundation's message here: “TON Roadmap 2023 The roadmap for this year has been put together and published. Over the last year, an ecosystem of various TON products has been rapidly built, ranging from decentralized exchanges and multifunctional wallets to marketplaces and blockchain games. Components of The Open Network were also launched including: TON DNS, TON Payments, TON Proxy, TON Sites, and TON Storage. The first half of this year will be dedicated to harmonizing, improving and optimizing all of our current development projects to make TON as useful and convenient as possible for users. The roadmap includes many TON improvements specifically designed to meet the needs of TON developers, providing them with the tools and resources they previously lacked. TON is the only modern blockchain finding new, sometimes unexpected, ways to attract users. In the second half of the year, we aim to surpass all of our previous efforts with the goal of bringing even more users to TON. Because we always try to solve the most pressing problems, and events are dynamically changing, Q3 and Q4 are not completely filled-in and additions will be made as our work progresses. In technical terms, TON already surpasses all other existing blockchains by a large margin. In order to confirm this, we have planned a show to demonstrate the real performance of TON and its ability to scale under heavy load. Further developments for TON Proxy, TON Paymentsand TON Storageare described on separate pages.”

In this episode of DWF Chats, it was a pleasure for us to host Justin Hyun, Head of Incubation at TON Foundation. Hear more about this powerhouse and its incredible work. To greater heights of innovation and growth this year⚡ In this conversation, we covered: 🔸TON + @DoraHacksGlobal Hackathon 🔸How TON facilitates Web2 to Web3 transition 🔸The potential of TON products and ecosystem 🔸Holistic incubation on TON 🔸The global TON Community 🔸How to get started on TON: https://ton.org/docs Full interview here. // About The Open Network (TON) ▫️TON is a fully decentralized layer-1 blockchain designed by Telegram to onboard billions of users. It boasts ultra-fast transactions, tiny fees, easy-to-use apps, and is environmentally friendly. Find out more here.

We are pleased to announce that we recently invested into Solve.Care🚀 We believe that Solve.Care's innovative approach to digital health networks will revolutionize the healthcare industry and are excited to be a part of this growth. // About Solve.Care: ▫️Solve.Care's full stack platform decentralizes health networks and gives users total control over which network services they want to use. The platform also provides tools such as Care.Labs to design and build custom care #networks, giving physicians the power to change the way healthcare is delivered. Find out more here.

​TON Community Weekly Digest Here’s a roundup of the ecosystem’s most exciting news over the past seven days. Network stats update: ▪️ The number of new accounts created on TON from Jan. 22 to 28 grew from 1,976,182 to 2,016,236 (+2%). News: ▪️ The @tonblockchain Telegram channel published a proposal to optimize Toncoin’s tokenomics. Read more. ▪️ TON Blockchain was listed on the cryptocurrency aggregator CoinCodex. Read more. ▪️ The 2 millionth account was registered on TON network. Read more. ▪️ Crypto exchange Bit.com started offering Toncoin options. Read more. ▪️STON.fi announced it would launch a bug bounty program offering a grand prize of 20,000 Toncoin. Read more. Stay up-to-date with the latest developments brewing in the TON ecosystem by turning on notifications for this channel. You won’t want to miss a thing!

FTX and Alameda Research Collapse Sad Event but 'Good for the Long Run' Says DWF Labs Managing Partner While the collapse of the crypto exchange FTX and its affiliate Alameda Research is thought to have left many crypto players, including market makers, in the worst possible position, according to Andrei Grachev, managing partner at DWF Labs, this incident may have helped to “flush out companies that were not sustainable enough to operate during a storm.” As a result, the “market will be healthier” going forward. Full read here. Stay up-to-date on the latest DWF Labs updates: Website| Twitter | Linkedin | Telegram

BIT x DWF Labs Crypto Snapshot [27 Jan] 📰 Highlights: 🔸 Diamond Hands Rule The Charts As #Bitcoin#HODLers Continue To Hold Despite Gains 🔸 The Open Network Move Towards Utility By Suspending Inactive Wallets 🔸 CRV Liquidity Providers Hungry For More Options Full read here.