DWF Labs Expands to US, Invests $25M in WLFI Governance Tokens

Generated by AI AgentCoin World
Wednesday, Apr 16, 2025 10:38 am ET2min read

DWF Labs, a leading crypto market maker and Web3 investment firm, has announced its strategic expansion into the United States with the opening of a new office in New York City. This move is part of the firm's broader growth strategy aimed at bolstering blockchain collaborations and fostering institutional crypto innovation through strategic investments and partnerships.

The new U.S. office is set to strengthen DWF Labs' institutional partnerships with banks, asset managers, and fintech firms that are exploring blockchain integration. The firm plans to hire local talent across trading, compliance, and business development, and enhance regulatory engagement with U.S. policymakers. Additionally, DWF Labs will advance educational initiatives with American colleges and universities, driving liquidity and adoption for high-quality projects like the USD1 stablecoin and its emerging DeFi ecosystem.

Andrei Grachev, Managing Partner of DWF Labs, emphasized the significance of the U.S. market, stating, "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."

In conjunction with its U.S. expansion, DWF Labs has made a strategic purchase of $25 million in

(WLFI) governance tokens. This investment underscores DWF Labs' commitment to participating in governance and focusing on projects that address real-world financial needs, particularly the growing demand for institutional-ready stablecoins like USD1.

DWF Labs plans to provide liquidity for USD1, leveraging its deep liquidity network and algorithmic infrastructure across centralized and decentralized venues. This strategic role highlights DWF Labs' dedication to supporting stable, transparent digital assets and advancing the adoption of fiat-referenced stablecoins globally.

Zak Folkman, co-founder at World Liberty Financial, expressed his enthusiasm for the partnership, stating, "We believe that crypto is going to transform and improve global finance, and stablecoins like USD1 will continue to be fundamental elements in the DeFi technology stack. As our partner, we expect DWF Labs to help accelerate the next-generation infrastructure we’re actively building and deploying at WLFI."

DWF Labs is a next-generation Web3 investor and market maker, trading spot and derivatives markets on over 60 top exchanges. World Liberty Financial (WLFI) is a pioneering decentralized finance (DeFi) protocol and governance platform dedicated to empowering individuals through transparent, accessible, and secure financial solutions. Inspired by the vision of President Donald J. Trump, WLFI aims to democratize access to DeFi by creating user-friendly tools and institutional-grade products that bring the benefits of decentralized finance to a broader audience. Its first flagship offering, USD1, is a stablecoin redeemable 1:1 for the US Dollar (USD) that is designed to be institution-ready but useful for everyone. USD1 is 100% backed by short-term US government treasuries, US dollar deposits, and other cash equivalents.

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