DWF Labs Invests $25 Million in Trump's World Liberty, Opens NYC Office
The crypto firm's investment comes as the Trump-backed firm pushes ahead with its USD1 stablecoin.
DWF Labs invests $25M in Trump-backed World Liberty Financial, supporting its USD1 stablecoin and boosting U.S. crypto presence with a new NYC office.
What’s the Scoop?
- U.S. Expansion: DWF Labs opens a New York office to strengthen ties with U.S. regulators and financial institutions.
- Investment in WLFI: DWF Labs invests $25 million in WLFI tokens, acquiring a governance stake in the Trump family-backed DeFi protocol.
- Stablecoin Support: DWF Labs will provide liquidity for USD1, WLFI’s stablecoin backed by U.S. Treasury bills and cash.
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