DWF Labs Invests $25M in Trump-Backed WLFI, Expands US Presence

Generated by AI AgentCoin World
Wednesday, Apr 16, 2025 8:40 am ET1min read

DWF Labs has announced a significant investment of $25 million in

(WLFI), a decentralized finance protocol backed by former U.S. President Donald Trump and his family. This investment marks a strategic move by DWF Labs to expand its presence in the U.S. market, with the establishment of a new office in New York City. This physical presence is aimed at fostering closer relationships with traditional , expanding the local workforce, and engaging more directly with U.S. regulators.

The investment in

includes the purchase of WLFI tokens, which grants DWF Labs a governance stake in the project. This stake includes USD1, a stablecoin that WLFI is set to launch soon. USD1 is backed by short-term U.S. Treasury bills, cash, and equivalents, positioning it as a stable, institutional-grade stablecoin designed to meet the rising demand from sovereign investors and major institutions.

DWF Labs plans to supply liquidity for the USD1 ecosystem, leveraging its trading infrastructure to support activity on both centralized and decentralized platforms. This move is expected to accelerate the development and deployment of the next-generation infrastructure that WLFI is actively building. Zak Folkman, co-founder of WLFI, expressed optimism about DWF’s involvement, stating that it will significantly enhance the project’s capabilities. Andrei Grachev, Managing Partner of DWF Labs, highlighted the firm’s confidence in America’s role as the next growth region for institutional crypto adoption, underscoring the strategic importance of their U.S. expansion.

In addition to its investment in WLFI, DWF Labs is also focusing on deepening ties with American colleges and universities to promote education on cryptocurrencies. This educational initiative is part of the firm’s broader strategy to integrate cryptocurrency knowledge into traditional financial education, fostering a more informed and engaged community of investors and professionals.

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