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$25M Investment in Crypto: A Statistical Breakdown

DWF Labs has invested $25 million in World Liberty Financial (WLFI) tokens. This investment grants DWF Labs a governance stake in WLFI. The firm is also expanding its presence in the U.S. by opening a new office in New York City. WLFI is preparing to launch USD1, a stablecoin backed by short-term U.S. Treasury bills, cash, and equivalents. DWF Labs will provide liquidity for the USD1 ecosystem, supporting activity on both centralized and decentralized platforms. The new office in New York aims to foster closer ties with traditional financial institutions, expand the local workforce, and engage more directly with U.S. regulators. Additionally, DWF Labs plans to collaborate with American colleges and universities to promote cryptocurrency education.

Source: www.coindesk.com

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