DWF Labs invests $25 million in WLFI to expand the U.S. market in support of the stablecoin USD1

DWF Labs, a well-known crypto market maker, has announced the opening of a new office in New York to officially launch its US expansion plans. At the same time, the company also invested $25 million in Trump's crypto project World Liberty Financial (WLF), strategically purchased WLFI tokens, and jointly promoted the development of USD1, an institutional-grade stablecoin with compliance as the core.

DWF expands into the U.S. market with a focus on institutional collaboration

DWF Labs said in a statement that the opening of its New York office is an important step in its global expansion strategy. This will enable the company to:

Deepen cooperation with banks, asset management companies and fintech institutions

Recruit local talent, covering transactional, compliance and business development areas

Actively communicate with U.S. policymakers and collaborate with universities on education

Strengthen the liquidity and application of the stablecoin USD1 and its DeFi ecosystem

Andrei Grachev, Managing Partner of DWF Labs, said:

The U.S. is the world's largest market for digital asset innovation, and our choice to land here symbolizes confidence in the future of institutional-grade crypto adoption.

Strategic purchase of WLFI tokens to support USD1, an institutional-grade stablecoin

DWF Labs has indicated that its US$25 million investment in WLFI is a private equity transaction, symbolizing its optimism about WLFI's governance structure and future potential:

DWF Labs will provide liquidity for its stablecoin USD1 on a centralized and decentralized platform through its own liquidity network and algorithm infrastructure, helping to promote the application and transparency of stablecoins in the global financial system.

It is reported that WLFI's flagship product USD1 is a 1:1 US dollar anchored compliant stablecoin fully backed by assets such as short-term US bonds and cash, and is managed with the assistance of custodian BitGo.

A few days ago, the product was just launched on BNB Chain, Binance's lending project Lista Lending, which supports Lista DAO, providing low-interest lending services that mortgage BTCB.

(WSJ: Binance executives meet with Treasury officials to seek regulatory relaxation and work with WLF to see clues? )

WLFI co-founder Zak Folkman said:

Stablecoins such as USD1 are a key component of the DeFi technology architecture, and we look forward to DWF Labs accelerating the construction and growth of our infrastructure."

Not just cryptocurrency? What new tricks can WLFI and USD1 conjure?

Crypto analyst and WLFI bullish @CryptoNotaz noted that the partnership could represent:

Institutional-level trust: Working with market makers helps build trust among regulatory and banking institutions and strengthens USD1's institutional adoption prospects

Liquidity and market exposure: This move may attract capital injections from other institutional investors and become a starting point for mass adoption.

It's not just any cryptocurrency, they're building real financial infrastructure.

As he mentioned earlier, WLFI airdropped USD1 to its coin holders, and BitGo took advantage of the trend to launch a hedged token staking service with compliant returns, which will undoubtedly be a huge attraction for banking institutions interested in trying crypto business when $WLFI is still not in circulation.

(WLFI Airdrop USD1 and BitGo's launch of hedging and staking services paves the way for WLFI to seize the institutional market? )

With the addition of new consultants, WLF strengthens its global strategic layout

On the other hand, WLF recently announced that it has invited Bilal Bin Saqib MBE as a consultant to bring an international perspective and strategy execution to WLFI:

As a Forbes 30 Under 30 member, Bilal has extensive experience helping crypto protocols scale, drive adoption in emerging markets, work with governments, and drive social impact.

This article by DWF Labs invests $25 million in WLFI to expand the US market in solidarity with stablecoin USD1 first appeared in Chain News ABMedia.