Bitcoin.com News
Bitcoin.com News|Apr 17, 2025 07:36
🇺🇸 Dubai-based DWF Labs has announced a strategic expansion into the United States with the opening of a new office in New York City. 🇦🇪 This move includes a 25 million purchase of World Liberty Financial (WLFI) governance tokens, a project backed by President Trump. The New York office aims to strengthen institutional partnerships, hire local talent, enhance regulatory engagement, and drive liquidity for projects like the USD1 stablecoin. DWF Labs plans to provide liquidity for the USD1 stablecoin, leveraging its liquidity network and algorithmic infrastructure. Andrei Grachev, Managing Partner of DWF Labs, emphasized the importance of the U.S. market for digital asset innovation, while Zak Folkman, co-founder of WLFI, expressed confidence in DWF Labs' role in accelerating the development of next-generation financial infrastructure. What do you think about DWF Labs' expansion into the U.S. market? 💬
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