DWF Labs is investing $ 25 million in World Liberty Financial (WLFI), the decentralized finance protocol backed by the president of the United States, Donald Trump and his family.
The Cryptocurrency Creator is also entering the US market with a new office in New York City as part of its broader expansion plans, according to a press release on Wednesday.
By establishing a physical presence in the US, DWF aims to work more closely with traditional financial institutions, expand their local workforce and participate more directly with US regulators.
The firm also plans to deepen ties with US schools and universities to promote cryptocurrency education. The WLFI Token purchase gives DWF Labs a government participation in the project, which includes USD1, the stablecoin that will soon be launched by Treasury invoices of the United States in the short term, effective and equivalent.
DWF Labs said it will provide liquidity for the USD1 ecosystem, using its commercial infrastructure to admit the activity on centralized and decentralized platforms.
Zak Folkman, co -founder of WLFI, said that DWF’s participation is expected to accelerate “the next generation infrastructure that we are building and displaying actively in WLFI.” Meanwhile, DWF Labs managing partner Andrei Grachev said that the physical presence of the company in the United States reflects its confidence in “the role of the United States as the next growth region for the institutional adoption of cryptography.”
WLFI is positioning USD1 as a stable stable stablocin designed to meet the growing demand for “sovereign investors and main institutions.”
