EXCLUSIVE: Market maker and active crypto investor has invested $16 million in RACA_3, which included a $RACA token purchase, to support its Web3 gaming ecosystem expansion. BrandyBetz reports
, a deal that includes purchasing an unspecified amount of RACA tokens. The funding will help RACA continue its goal of becoming an expansive Web3 gaming ecosystem.
Founded in 2021, RACA started out as manager of the non-fungible tokens from Maye Musk, Elon Musk’s mother., social party game Looki Looki Jazzi, cross-game DID wallet JAZ, and a NFT marketplace. DWF Labs has emerged as one of the most active investors during the crypto bear market. Recent investments have included a
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