DWF Labs has established a new office in the United States and has purchased $25 million worth of WLFI tokens
Apr 16, 2025 19:05:13
ChainCatcher news, according to an official announcement, cryptocurrency market maker DWF Labs has announced the establishment of a new office in New York, marking an important milestone in its global expansion strategy.
At the same time, the company has strategically purchased $25 million worth of World Liberty Financial (WLFI) governance tokens, a decentralized finance protocol inspired by President Trump. DWF Labs will provide liquidity support for WLFI's USD1 stablecoin, which will be pegged to the US dollar at a 1:1 ratio and backed by assets such as short-term US Treasury bonds and dollar deposits.
This expansion aims to strengthen collaboration with US financial institutions, promote the adoption of blockchain technology, and support high-quality digital asset projects.
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