Crypto trading firm DWF Labs will purchase $12 million worth of tokens as part of its partnership with Floki. There is no official announcement, but a Floki developer told Coindesk that Floki will also launch a mainnet version of its metaverse game Valhalla later this year.

In addition, the developer said that DWF Labs has facilitated recent exchange listings with its support for Floki, all of which has further increased confidence in the Floki ecosystem. Stating that Floki has evolved from a meme token to projects that create usage areas, the developer stated that Floki domain name services and trade bot will also be launched in the coming period.

DWF Labs and Floki first announced their partnership in May 2023. At that time, DWF Labs bought FLOKI for $ 5 million. The company also committed to a $10 million purchase in February, and then the FLOKI price had experienced a serious rise.

This news does not seem to have a positive reflection on the FLOKI token, which is traded at $ 0.00026. The price has been at a stable level in the last 24 hours.