PANews reported on November 27 that Andrei Grachev, co-founder of DWF Labs, posted: "Competitors are happy to be loyal to easy money, but I don't see any reason for a project to lend a large number of tokens to market makers in exchange for primary trading of its tokens." Dozens of high-frequency trading (HFT) companies are doing this, but none of the market makers deal with the project. The days of 'Nokia' are over. We are full of controversy and proud of it. It's a shame for me to be one of those "decent" market makers who take loans, do nothing, sell off, or benefit from call options. We take risks and take different actions to change the crypto world order and raise the requirements for market makers. Competitors are complaining and using the media, the FUD, to slander us. We want to compete with the 'iPhone', not with the 'Nokia'. I know they are plotting against us, but we are ready for that (to fight back). ”
Grachev also noted: "DWF Labs is a one-stop solution for all needs. DWF Labs has served approximately 35% of its clients in 1,000 CMCs in just 16 months. It involves financial support, VC, MM, TVL, market improvement, cooperation, activities, marketing, marketing, on-line, etc. DWF Labs is always following global AML/KYC rules and is seeking to obtain multiple licenses and be audited by one of the Big Four audit firms. DWF Labs supports its portfolio companies in the Korean market and is able to handle complex situations efficiently and in a compliant manner. DWF Labs' philosophy of innovation rather than bias ensures a high standard of service that benefits the industry as a whole. DWF is now a large high-frequency trading (HFT) broker, market maker, venture capital, over-the-counter trading desk, incubator, ecosystem, fund raiser, event brand, total value lock-in (TVL) provider, decentralized finance (DeFi) participant, advisor, listed institution, PR/marketing, opinion leader, etc., with more layout and more business, such as a request for quotation (RFQ) platform. ”