DWF Labs has announced a significant investment of $10 million in TokenFi’s native currency, TOKEN, to support the rapidly growing tokenization sector. This sector is projected to reach a value of $16 trillion by the year 2030.

As part of this investment, DWF Labs will directly purchase TOKEN tokens from the platform’s reserves over a two-year period. The goal is to provide TokenFi with the necessary capital to continue developing innovative and market-leading products.

The allocated funds will be utilized in TokenFi’s AI-integrated projects, including the AI-driven NFT generation tool and the AI-based Smart Contract Auditor.

DWF Labs will purchase $10,000,000 in TOKEN to support TokenFi’s vision of becoming a dominant player in the tokenization industry, projected to be worth $16 trillion by 2030.

Last year, TokenFi announced DWF Labs as its primary market maker, solidifying their partnership. Following this latest investment news, the value of TOKEN surged by 50%, reaching an all-time high of nearly $0.09. Additionally, the trading volume of TOKEN increased by almost 140% today.

TokenFi, launched as a sister project of Floki, offers a user-friendly platform for tokenizing assets. The memecoin FLOKI has also experienced significant growth, with a nearly 200% increase in value since last week.

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