DWF Labs invests $ 25 million in World Liberty Financial (WLFI), the decentralized financial protocol supported by US President Donald Trump and his family.
According to a press release.
By establishing a physical presence in the United States, the DWF aims to work more closely with traditional financial institutions, to extend its local workforce and to engage more directly with American regulators.
The company also plans to deepen links with American colleges and universities to promote education on cryptocurrencies. The purchase of WLFI tokens offers DWF Labs a governance participation in the project, which includes 1 USD, the Stablecoin which will soon be supported by short -term American cash bills, species and equivalents.
DWF Labs said it would provide liquidity for the USD ecosystem, using its trading infrastructure to support activity on centralized and decentralized platforms.
Zak Folkman, co-founder of WLFI, said that DWF’s involvement should accelerate “the new generation infrastructure that we actively build and deploy to WLFI”. DWF Labs general partner, Andrei Gratchev, said that the physical presence of the company in the United States reflects his confidence in the “role of America as the next growth region for the institutional adoption of cryptography”.
The WLFI positions USD1 as a stable stable of institutional quality designed to meet the growing demand for “sovereign investors and large institutions”.
