.DwfLabs has doubled down on its investment in Conflux_Network with the purchase of $18 million worth of CFX tokens. Reports godbole17.
, on Wednesday confirmed more investment from the crypto market maker and Web3 investment firm DWF Labs. Still, the blockchain's native token, CFX, traded in the red, falling over 6% to 21 cents.that DWF Labs snapped up $18 million worth of CFX tokens, doubling down on its initial purchase of $10 million in coins in March.
CFX tokens facilitate cross-chain transfers, can be used to pay transaction fees within the network and can be staked to participate in the consensus protocol.
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