Blockchain News

Waves Labs Announces US Expansion Plan Targeting $10billion TVL by End Of 2022

Waves Labs Announces US Expansion Plan Targeting $10billion TVL by End Of 2022

U.S. based Waves Labs has announced their roadmap, growth strategy, and plan to expand the Waves blockchain ecosystem in 2022.

Latest Fintech Insights : Flash Labs Corporation Launches White Label NFT Minting Platform to Bring Businesses to Web 3.0

“Our roadmap for 2022 is incredibly exciting and ambitious. We believe the Waves ecosystem is incredibly undervalued, and releasing this plan to the public is our first step towards demonstrating the immense value of Waves technology to developers and investors in the U.S.”

The plan includes targets of 5 million monthly active users and $10billion in total value locked within Waves layer-1 blockchain and projects built on top of it. Waves Labs has said the Waves strategy up until now has been to focus on building great blockchain products. The network has already achieved more than $2billion in TVL and broken into the top 50 cryptocurrencies by market capitalization.

Browse The Complete News About Fintech: Circle Selects BNY Mellon to Custody USDC Reserves

Waves Labs aims to achieve its goals by hiring experienced leaders that can strategically deploy their Ecosystem fund. In addition, the company has said it will focus on funding and incubating projects that can demonstrate the most potential value to the Waves Ecosystem. Investment isn’t the only priority; Waves Labs also intends to build a strong marketing presence and brand awareness through events and education within the developer and investor community.

Head of Ecosystem for Waves Labs, Coleman Maher, said of the strategy, “Our roadmap for 2022 is incredibly exciting and ambitious. We believe the Waves ecosystem is incredibly undervalued, and releasing this plan to the public is our first step towards demonstrating the immense value of Waves technology to developers and investors in the U.S.”

Read More About Fintech News : Versabank Announces First U.s. Point-of-sale Financing Partner

 [To share your insights with us, please write to sghosh@martechseries.com]

Related posts

Finxact Marketplace Welcomes Codat

Fintech News Desk

Glia and Veritran Partner to Help Banks and Credit Unions Digitally Transform Customer Service Globally

Fintech News Desk

Agfa Appoints Mona Issa As Financial Planning And Analysis Lead For North America

Fintech News Desk
1