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DWF Labs Invests $25M in Trump-Backed DeFi Project, Expands to U.S.

The investment in World Liberty Financial secures governance rights and liquidity support for the USD1 stablecoin as DWF Labs opens a New York office.

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.