Trump's World Liberty Financial signs partnership deal with London hedge fund
Trump's World Liberty Financial (WLFI), a decentralized finance platform associated with the Trump family, has partnered with the London hedge fund Re7 to introduce a USD1 stablecoin vault through Euler Finance and the liquid staking protocol Lista. This initiative aims to enhance the presence of WLFI's USD1 stablecoin on the BNB Chain. Lista, a prominent liquid staking platform, is governed by a DAO supported by Binance Labs, which invested $10 million in Lista in August 2023. As stablecoins and real-world asset tokenization become increasingly pivotal for financial strategies, WLFI continues to attract institutional investments. Recent participation includes DWF Labs providing liquidity for the USD1 stablecoin and Aqua1 Foundation citing WLFI's use cases as transformative for global finance. The financial disclosures by Trump indicate a substantial income from token sales. Despite these developments, the Trump family has faced scrutiny in recent years due to their investments and the broader implications for their business interests.
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