Market maker DWF Labs invests $20 million in Synthetix

ChainCatcher news, the Synthetix Treasury Committee announced via email on Monday that the market maker and investment firm [DWF Labs](https://www.rootdata.com/zh/Projects/detail/DWF Labs?k=NDA3NQ==) purchased $15 million worth of Synthetix native token SNX on March 16, followed by an additional purchase of $5 million. This investment will make DWF Labs one of the major liquidity providers for the Synthetix protocol.

Previous news reported that DWF Labs reached an agreement with the Synthetix Treasury Committee to provide liquidity and market making for SNX on centralized and decentralized exchanges. (CoinDesk)