DWF Labs, a Dubai-based market maker and Web3 investment firm, has announced a $25 million strategic investment in WLFI tokens through a private transaction with World Liberty Financial (WLF). This investment coincides with DWF Labs' expansion into New York City, signaling its commitment to the U.S. market.
The purchase of WLFI tokens reflects DWF Labs' interest in participating in the governance of the WLFI platform and supporting initiatives that address real-world financial needs. As part of the collaboration, DWF Labs intends to provide liquidity for USD1, WLF's new stablecoin, leveraging its extensive liquidity network across both centralized and decentralized exchanges.
World Liberty Financial, co-founded by Zak Folkman, operates as a decentralized finance (DeFi) platform on Ethereum. It aims to provide crypto borrowing and lending services, with USD1 playing a key role in transforming global finance through DeFi technology. The live price of World Liberty Financial (wlfi.club) is $1.19e-12 USD as of April 17, 2025.