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BCH $257.73 -0.91%
LINK $12.51 -1.89%
HYPE $84.60 -0.81%
AAVE $128.72 -2.40%
SUI $0.8123 -0.83%
XLM $0.1887 -2.14%
ZEC $1,170.28 +1.31%

DWF Labs has established a new office in the United States and has purchased $25 million worth of WLFI tokens

2025-04-16 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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