- DWF Labs invested 25 million dollars in WLFI as it expands into the US with a new office in New York.
- WLFI has raised over 600 million dollars since launch and is backed by US President Donald Trump and his sons.
- DWF Labs will support liquidity for WLFI’s stablecoin USD1 and join the governance of the DeFi project.
Crypto market maker DWF Labs has invested $25 million in World Liberty Financial (WLFI), a decentralized finance project linked to US President Donald Trump and his sons. The announcement came on April 16 as DWF Labs continues its expansion into the United States with a new office in New York City.
The Dubai-based firm confirmed that it purchased WLFI tokens through a private transaction. This move gives DWF Labs a say in WLFI’s governance structure. By acquiring tokens, DWF gains voting rights over key decisions that affect the ecosystem. The firm aims to influence the project’s future developments.
WLFI Project Focuses on DeFi and Stablecoins
World Liberty Financial launched on September 16, 2024. The project promotes decentralized finance and US dollar-pegged stablecoins. Its native stablecoin, USD1, launched on March 24 on both BNB Chain and Ethereum. The stablecoin is backed by the US dollar, Treasury bills, and equivalent assets. However, the token remains unavailable for trading.
In addition to its token investment, DWF Labs will provide liquidity for USD1. The firm aims to support adoption of stablecoins and enhance activity in decentralized finance. By offering liquidity, DWF intends to increase accessibility and usage of WLFI’s products across supported networks.
WLFI Raises $600 Million Since Launch
The project has already raised more than $600 million since its launch. WLFI generated $300 million during its first token sale, selling 20 billion tokens. It raised another $250 million on March 14 by selling an additional 5 billion tokens. These figures exclude private investments.
Several well-known investors have participated in WLFI. On November 25, Tron founder Justin Sun purchased 2 billion tokens for $30 million. Web3Port invested $10 million. Oddiyana Ventures also announced a strategic investment in WLFI but did not disclose the amount.
DWF Labs Targets US Growth
The $25 million WLFI investment aligns with DWF Labs’ US expansion strategy. Opening a New York office enables the firm to strengthen institutional partnerships. DWF plans to engage with banks, fintech firms, and regulators. It also intends to support local blockchain talent and education.
DWF’s involvement aims to boost decentralized financial solutions in the US. The firm will use its resources to grow market activity in blockchain and stablecoins. Through token ownership and liquidity support, it plans to influence WLFI’s growth and adoption. Crypto market maker DWF Labs has invested $25 million in World Liberty Financial (WLFI), a decentralized finance project linked to US President Donald Trump and his sons. The announcement came on April 16 as DWF Labs continues its expansion into the United States with a new office in New York City.
The Dubai-based firm confirmed that it purchased WLFI tokens through a private transaction. This move gives DWF Labs a say in WLFI’s governance structure. By acquiring tokens, DWF gains voting rights over key decisions that affect the ecosystem. The firm aims to influence the project’s future developments.
WLFI Project Focuses on DeFi and Stablecoins
World Liberty Financial launched on September 16, 2024. The project promotes decentralized finance and US dollar-pegged stablecoins. Its native stablecoin, USD1, launched on March 24 on both BNB Chain and Ethereum. The stablecoin is backed by the US dollar, Treasury bills, and equivalent assets. However, the token remains unavailable for trading.
In addition to its token investment, DWF Labs will provide liquidity for USD1. The firm aims to support adoption of stablecoins and enhance activity in decentralized finance. By offering liquidity, DWF intends to increase accessibility and usage of WLFI’s products across supported networks.
WLFI Raises $600 Million Since Launch
The project has already raised more than $600 million since its launch. WLFI generated $300 million during its first token sale, selling 20 billion tokens. It raised another $250 million on March 14 by selling an additional 5 billion tokens. These figures exclude private investments.
Several well-known investors have participated in WLFI. On November 25, Tron founder Justin Sun purchased 2 billion tokens for $30 million. Web3Port invested $10 million. Oddiyana Ventures also announced a strategic investment in WLFI but did not disclose the amount.
DWF Labs Targets US Growth
The $25 million WLFI investment aligns with DWF Labs’ US expansion strategy. Opening a New York office enables the firm to strengthen institutional partnerships. DWF plans to engage with banks, fintech firms, and regulators. It also intends to support local blockchain talent and education.
DWF’s involvement aims to boost decentralized financial solutions in the US. The firm will use its resources to grow market activity in blockchain and stablecoins. Through token ownership and liquidity support, it plans to influence WLFI’s growth and adoption.
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