- DWF Labs invested US$25M in WLFI governance tokens and will provide liquidity for its upcoming USD1 stablecoin, aligning with plans to expand in US crypto markets.
- The deal comes as the Trump family deepens its crypto push through WLFI.
DWF Labs has entered the US market with a brand new New York office and an investment of US$25M (AU$39M) worth of World Liberty Financial’s (WLFI) governance token.
The investment comes as WLFI prepares to launch its own stablecoin, USD1, which DWF says it will back with liquidity across both centralised and decentralised platforms, but many are questioning the family’s real intentions behind the token.
However, Andrei Grachev, Managing Partner of DWF Labs, believes USD1 stablecoin aligns with the company’s “broader mission to improve financial services”.
The U.S. is the world’s largest single market for digital asset innovation. Our physical presence reflects our confidence in America’s role as the next growth region for institutional crypto adoption. Moreover, the USD1 stablecoin and forthcoming global DeFi solutions align with our broader mission to improve financial services.
Andrei Grachev, Managing Partner of DWF LabsRelated: Web3 Devs Must Prioritise Privacy As Govt Can’t Be Trusted: Vitalik Buterin
Alongside the deal, WLFI named Bilal Bin Saqib as a strategic advisor. Saqib chairs Pakistan’s Crypto Council and has a history of working with governments on blockchain adoption, including previously onboarding Binance founder Changpeng Zhao (CZ) as an advisor in the region.
Eric Trump first announced WLFI and has become a centerpiece of the Trump administration’s pro-crypto pivot. Since taking office, President Trump signed an executive order to create a Strategic Bitcoin Reserve, approved crypto-related legislation, and launched his own Solana-based memecoin, Official TRUMP.
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