Web3 investor DWF Labs is expanding its operations in the United States with the opening of a new office in New York City and will invest $25 million in governance tokens from World Liberty Financial (WLFI), a decentralized finance protocol backed by former President Donald Trump.
This move is part of DWF Labs’ strategy to strengthen its presence in the U.S., which is considered a key market for digital asset innovation. The new office aims to foster partnerships with banks, asset managers, and fintech firms interested in blockchain technology. The firm plans to hire local talent in areas such as trading and compliance while enhancing its engagement with U.S. regulators.
“The U.S. is the world’s largest single market for digital asset innovation,” said Andrei Grachev, Managing Partner of DWF Labs. “Our physical presence reflects our confidence in America’s role as the next growth region for institutional crypto adoption.”
Providing USD liquidity
DWF Labs said its investment in WLFI tokens demonstrates its commitment to participating in the governance of the protocol and addressing the growing demand for stablecoins, particularly the upcoming USD1 stablecoin, which is designed to be redeemable 1:1 for the U.S. dollar.
As part of the collaboration, DWF Labs will provide liquidity for USD1, leveraging its extensive network to support both centralized and decentralized platforms.
Zak Folkman, co-founder of World Liberty Financial, expressed confidence in the partnership, stating that stablecoins like USD1 will play a crucial role in the future of finance.
World Liberty Financial aims to make decentralized finance more accessible with user-friendly tools and institutional-grade products. Its flagship offering, USD1, is backed by short-term U.S. government treasuries and other cash equivalents, positioning it as a reliable option in the growing DeFi landscape.
Shogun Lin
