DWF Labs enters US market with New York office and $25m WLFI investment 

New York Rep files bill to explore how blockchain tech can be used in U.S. elections


The Crypto DWF Labs market manufacturer has expanded its footprint in the United States with the launch of a new office in New York.

Business also disclosed A purchase of $ 25 million of governance tokens from World Liberty Financial (WLFI), a DEFI platform inspired by former President Donald J. Trump.

Expansion is part of the broader DWF Labs growth strategy aimed at strengthening institutional relationships, hiring American talents and engaging more directly with regulators and university institutions.

The company clearly indicated that they had a deeper commitment to the country’s growing digital asset market. The company affirms that the move also positions it to stimulate liquidity and adoption for Stablecoin initiatives as USD1that WLFI actively builds in its ecosystem.

“The United States is the world’s largest market for digital asset innovation,” said Andrei Grachev, director of DWF Labs. “Our physical presence reflects our confidence in the role of America as the next growth region for the institutional adoption of cryptography.”

WLFI governance

The acquisition by DWF Labs of WLFI token gives it a participation in the governance of the protocol and highlights its interest in projects aimed at cases of real use.

The company plans to support USD1 shields By providing liquidity thanks to its existing infrastructure on centralized and decentralized platforms.

“We believe that crypto will transform and improve global finance,” said Zak Folkman, co-founder of WLFI. “As a partner, we expect the DWF laboratories to help accelerate the new generation infrastructure that we actively build.”

Strategic investment and expansion come while stablecoins gain ground among the institutional actors looking for more transparent tools and referenced by the Fiat in the DEFI space.

Post Comment