DWF Labs Acquires $25M in Trump-Backed WLFI Tokens
DWF Labs Acquires $25M in Trump-Backed WLFI Tokens
馃彟 Trump's Crypto Gets Serious
DWF Labs, a major Web3 market maker, has acquired $25 million in governance tokens from World Liberty Financial (WLFI), a Trump-backed project building a USD-pegged stablecoin on BNB Chain.
Key developments:
- USD1: New 1:1 USD-backed stablecoin launching on BNB Chain
- Partnership aims to enhance liquidity and market adoption
- Integration with BNB-based DeFi protocols planned
The move is expected to boost BNB Chain's ecosystem through:
- Increased on-chain volume
- Cross-DeFi integrations
- Enhanced stablecoin infrastructure
Previously, WLFI adopted Chainlink's standard to help secure lending markets and enable cross-chain connectivity.
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