Thank you to everyone who joined us at DWF Labs Haus: Consensus Hong Kong 🇭🇰

Relive the night with us 👆

Wishing you a Happy Lunar New Year from DWF Labs! ✨🧧

May this Lunar New Year bring you prosperity, success, happiness, and new opportunities. Let’s continue building together in the year ahead 🤝

To the believers who bought at $1, $10k, or $100k, and held through the noise, this anniversary is for us.

Join us for HotDesk Wednesday at our Dubai office 🤝

Register to work alongside our team and enjoy access to our premium workspace: https://luma.com/auhe1e3b

The office address will be shared upon approval.

Supporting builders through hard times is what will propel innovations forward.

At DWF Labs, we harness our expertise to drive growth when markets are slow - Andrei Grachev explains how 👆

If you are building, apply for our $75M DeFi Fund here.

It's not necessarily realistic to pin hope on continuous upward price movements in the crypto market.

Andrei Grachev explains with The Rollup that the market is still primed for builders, and it's only some expectations that are unmet.

🚨 Always verify 🚨

If someone claims to be from the DWF Labs team, verify before you engage: https://www.dwf-labs.com/verification

Crypto liquidity has stalled, stablecoin supply has been flat, and USDT is on track for its biggest monthly drop since 2022, which is a sign that markets are hitting tough times.

Meanwhile, the numbers for RWAs in February alone signify huge growth:

👉 RWA.xyz: +3.4% → $25.07B
👉 TheBlock: +3.8% → $51.06B
👉 DefiLlama: +13.2% → $14.93B

Aave's Founder argues that physical, productive resources are the next stage of tokenization, enabling builders to borrow against tokenized debt and giving DeFi users access to scalable, asset-backed yield. The ambition is scaling fast.

And the ambition is already happening. Falcon Finance, incubated by DWF Labs, accepts tokenized gold, onchain stocks, non-U.S. treasury bills, and high-grade corporate credit as collateral for minting USDf. Real yield, backed by real assets.

Are RWAs the defensive trade of a bear crypto market, or the beginning of DeFi becoming the collateral layer for the wider economy?

Read more here.

Andrei Grachev, Managing Partner, goes back to the beginning.

Listen more 👆

Institutions aren't asking "should we go onchain?" anymore. They're asking "how?"

Privacy, compliance, and composability are the three pillars that will define the answer. Full breakdown from DWF Ventures here.

If you're building, the DWF Ventures team is always seeking to back projects. Reach out here.

February was all about showing up: on stage, in research, and in the press. Catch up with us 👇

1. DWF Labs Haus, co-hosted alongside Falcon Finance, returned and delivered during Consensus Hong Kong. Great conversations, great company, and a top-tier community all in one room. Watch the highlights here.

2. At the RWA Summit, Andrei Grachev covered areas where RWA momentum continues to build: private credit, bonds, future yields, contracts, and IPOs. What's next for institutional adoption is increased clarity and security.

3. Lingling Jiang discussed institutional and user perspectives on DeFi strategies, as well as challenges for broader adoption at HSC Asset Management.

4. At the Tokenized Capital Summit hosted by Gamma Prime, Lingling emphasized the importance of founder quality, fundamentals, and product-market fit over hype for projects.

5. During Founders Day, we welcomed guests at our Dubai office for networking and exclusive keynotes.

6. Andrei Grachev weighed in on the state of the market: smart money is moving, and infrastructure, RWA, and real builders are raising.

7. Andrei Grachev was featured in Cointelegraph, sharing his view on the structural shift of capital from tokens to equities. Read more here.

8. We were featured in Cointelegraph Accelerator's Research Report. To get the full insights of what we discussed, read more here.

9. "Bottom Line", Volume 6 in our research report Eyes on the Market covered signs we are in a late-bear market and why there is room for optimism.

10. Volume 7 of Eyes on the Market discussed where capital is currently rotating in the crypto market.

11. Is it the death of token launches, or the rebirth of fundamentals? DWF Ventures researched ICOs vs IPOs, liquidity flows, M&As, and more.

12. Privacy, compliance, and composability are the three pillars that will define how institutions come onchain. DWF Ventures covered DeFi's next steps.

13. Our incubated project Falcon Finance launched the SPYx Staking Vault with xStocks, continuing to expand its universal collateral layer and make every asset productive.

Building never stops. See you in March 🤝

The market has been through tough times before. Andrei Grachev explains what happened in 2018 👆

We've come a long way.

2025: Raise on a narrative.

2026: Prove you can survive a bear cycle.

Andrei Grachev, Managing Partner, on the new reality of crypto fundraising with DLNews 👆

Read more here.

Key themes for the crypto VC playbook for 2026, according to Andrei Grachev, Managing Partner:

Build payment rails. Build AI agents. Build for institutions.

Read more: https://www.dlnews.com/articles/markets/crypto-startups-raise-883m-in-february/

Fundamentals > hype.

The hype that occurred during the ICO era was unsustainable, as much of the focus was around projects without long-term value or use cases.

Andrei Grachev, Managing Partner, explains more about what has shifted👆

Technology is just the start.

Andrei Grachev, Managing Partner, explains what other aspects are crucial for RWA and tokenization projects 👆

What support do project incubators actually provide?

Andrei Grachev, Managing Partner, elaborates 👆

Happy International Women's Day 🎉

Here's to the women building the future of Web3 🤝

The best teams don't think the same, they think differently.

Lingling Jiang, Partner at DWF Labs, on the unique perspective women bring to Web3 👆