Zignaly and DWF Labs push forward with ZIGChain expansion

On February 6, 2025, DWF Labs announced a significant milestone in their partnership with Zignaly, embracing the ongoing development and support for ZIGChain. This collaboration shows a shared commitment to advancing decentralized finance (DeFi) solutions.

To promote network security & empower ecosystem growth, we have joined @ZIGChain as a Validator! 🔥

Our commitment is already live!

We’ve staked 3,000,000 $ZIG in the ongoing program here: https://t.co/Nku906kPte

— DWF Labs (@DWFLabs) February 6, 2025

In April 2024, Zignaly, a decentralized social investing marketplace, launched ZIGChain, a layer-1 blockchain built on the Cosmos network. This initiative aims to create a scalable and inclusive infrastructure for wealth generation. To support this endeavor, Zignaly partnered with DWF Labs, Disrupt, and UDHC Finance to establish a $100 million Ecosystem Development Fund designed to fuel innovation on the ZIGChain platform.

Further improving its position in the financial sector, Zignaly became the world’s first licensed social investment platform by acquiring the CAT-II license from the Financial Services Conduct Authority of South Africa. This license is part of an advanced set of digital asset regulations in G20 countries, positioning Zignaly as a reliable investment platform committed to delivering unparalleled wealth-generation opportunities.

The partnership between DWF Labs and Zignaly exemplifies a concerted effort to drive innovation and accessibility in decentralized finance, providing users with robust tools and platforms to navigate the evolving financial landscape.

The bottom line

The ongoing collaboration between DWF Labs and Zignaly, highlighted by the development of ZIGChain and the substantial Ecosystem Development Fund, shows a significant advancement in the DeFi sector. Coupled with regulatory achievements, these initiatives are set to improve financial empowerment and inclusivity for a global user base.