DWF Labs Invests $25M in Trump Family-Backed World Liberty Financial, Expands to U.S.

Bitcoin tests $85,000 level as Wall Street wraps up choppy trading week: CNBC Crypto World

On today's episode of CNBC Crypto World, bitcoin wrestles with $85,000 on Wall Street's last trading day of the week. Also, Trump family-backed World Liberty Financial receives a $25 million investment from United Arab Emirates-based market maker DWF Labs. And Alice Liu, head of research at CoinMarketCap, breaks down crypto's recent outperformance compared to Wall Street.

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Trump Family’s Crypto Venture Nets $25 Million Investment From Firm Suspected of Fraud

DWF, a crypto firm that has faced allegations of market manipulation through "wash trading," backed a token from Trump's World Liberty Financial.

Crypto firm DWF Labs buys $25 million of Trump’s World Liberty Financial tokens

By Elizabeth Howcroft and Tom Wilson (Reuters) – DWF Labs, an Abu Dhabi-based crypto investor and trading firm, said on Wednesday it had bought $25 million worth of digital tokens issued by the World Liberty Financial, the crypto venture controlled by the family of U.S. President Donald Trump. DWF Labs’ purchase makes it one of the largest known holders of the World Liberty token, which is also known as $WLFI. A so-called governance token, $WLFI…

DWF Labs Invests $25M in Trump Family-Backed World Liberty Financial, Expands to U.S.

DWF Labs is investing $25 million in World Liberty Financial (WLFI), the decentralized finance protocol backed by U.S. President Donald Trump and his family. The crypto market maker is also entering the U.S. market with a new office in New York City as part of its broader expansion plans, according to a press release on Wednesday. By establishing a physical presence in the U.S., DWF aims to work more closely with traditional financial institutio…

Abu Dhabi investor buys $25m in Trump crypto coins

DWF Labs buys WLFI tokens Trump family owns 60% of coin issuer UAE company one of largest holders DWF Labs, an investment company based in Abu Dhabi, has bought $25 million of a cryptocurrency linked to Donald Trump. The company describes itself as a next-generation Web3 investor and cryptocurrency trader. Web3 includes concepts such as decentralisation, blockchain technologies and token-based economics. It said in a statement that it bought $25…