DWF Labs backs Trump-linked DeFi firm with $25 million
The WLFI protocol, launched by Trump’s family in 2024, received a major boost from DWF Labs.
Dubai-based DWF Labs has invested $25 million in World Liberty Financial (WLFI), a decentralised finance project supported by Donald Trump and his sons. As part of the deal, DWF Labs acquired WLFI tokens via a private transaction, giving the firm governance rights in the protocol.
The company said the investment aligns with its strategy to support USD-pegged stablecoins and DeFi adoption.
The collaboration includes providing liquidity for WLFI’s stablecoin, USD1, which launched in March on both Ethereum and BNB Chain.
While the stablecoin is not yet tradable, DWF Labs aims to boost its development. The market maker provides liquidity to over 60 exchanges, enabling smoother trade execution.
DWF Labs is also expanding into the United States and has opened a New York office. The move is expected to bolster the company’s partnerships with banks, asset managers, and fintech firms.
WLFI has raised over $600 million since launching in September 2024. Initial token sales brought in $550 million, with an additional $30 million investment from Tron founder Justin Sun.
Web3Port and Oddiyana Ventures have also contributed to the funding, further signalling strong interest in the Trump-backed DeFi platform.
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