Overview
- DWF Labs has invested $25 million in World Liberty Financial (WLFI), a decentralized finance platform backed by President Donald Trump and his family.
- The investment includes the purchase of WLFI governance tokens, granting DWF Labs decision-making influence within the protocol.
- DWF Labs plans to provide liquidity for WLFI's USD1 stablecoin, which is backed by short-term U.S. Treasury bills, cash, and equivalents.
- As part of its U.S. expansion, DWF Labs has opened a New York office to collaborate with traditional financial institutions and engage with regulators.
- WLFI aims to position USD1 as an institutional-grade stablecoin, targeting demand from sovereign investors and major financial entities.