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DWF, one of the prominent actors in the crypto world over the past year, continues to make headlines with new moves. After high-risk enthusiasts like Zhu Su and SBF faded from the scene, DWF emerged. Although it has faced much criticism, a significant portion of the crypto community remains skeptical of DWF.
DWF and Jupiter
DWF, announcing a long-term partnership with Jupiter, aims to innovate in the already intriguing RWA field. The crypto giant, claiming a Grand Unified Market, shared details on its social media account.
“Today, we are launching our Grand Unified Market initiative, a key effort to bring all assets together in a single atomic market.
Supported by Jupiter and enabled by the best partners in crypto, this new initiative on Solana aims to index various assets, whether memecoin, RWA, stock, or forex. We allow users to trade virtually in all these markets. This is one of the biggest dreams in finance, and we aim to realize it here on Solana.
To make this vision a reality on Solana, three things are needed: more assets, more liquidity, and more accessibility. Therefore, we are excited to launch the GUM Alliance, a group of the best asset, liquidity, and distribution teams to help drive this effort together.”
DWF and its partners will strive to add more assets to Solana, create liquidity for these assets, and integrate these markets into Jupiter.
Future of Solana
DWF seems to be trying to fill the void left by SBF in Solana. If they come close to achieving their ambitious goals, the SOL Coin price could see significant gains. Known players in the Solana ecosystem like Villcaso and OpenEden_Labs have also joined this new endeavor.
SOL Coin is currently trading at $177, and short-term demand has stalled as the Bitcoin price has dipped below $70,000. BTC is at $69,770, while ETH is at $3,728.
