WLFI partners with protocol backed by Binance Labs
World Liberty Financial (WLFI), a crypto platform linked to the family of former U.S. President Donald Trump, has partnered with London-based hedge fund Re7 to launch the USD1 stablecoin vault via Euler Finance and the liquid staking protocol Lista.
According to Bloomberg, this partnership is part of a broader effort to expand WLFI’s USD1 stablecoin within the BNB Chain ecosystem.
Lista is one of the key liquid staking platforms for BNB and is governed by a decentralized autonomous organization (DAO) backed by Binance Labs, the venture arm of Binance. Binance Labs invested $10 million in Lista in August 2023, when it was still known as Helio Protocol, to support its transition into a liquid staking provider.
Political ties and institutional support
WLFI continues to gain traction among institutional investors. Recently, the Aqua1 Foundation, a digital asset fund, announced a $100 million investment in the Trump-affiliated DeFi platform, citing WLFI’s focus on stablecoins and real-world asset tokenization as critical tools for reshaping global finance.
According to a June 13 filing with the U.S. Office of Government Ethics, Donald Trump reported $57 million in income from WLFI, primarily from token sales. However, despite its rising revenue and new deals, the Trump family reduced its ownership stake in WLFI by 20% in 2024.
As we wrote, Financial engine: How BNB powers Binance money-making empire
Latest Crypto News
-
Afghanistan
-
Albania
-
Algeria
-
Angola
-
Argentina
-
Armenia
-
Australia
-
Austria
-
Azerbaijan
-
Bahamas
-
Bahrain
-
Bangladesh
-
Belarus
-
Belgium
-
Bolivia
-
Botswana
-
Brazil
-
Brunei
-
Bulgaria
-
Cambodia
-
Cameroon
-
Canada
-
Chile
-
China
-
Colombia
-
Congo
-
Costa Rica
-
Cote d'Ivoire
-
Croatia
-
Cuba
-
Cyprus
-
Czechia
-
DR Congo
-
Denmark
-
Dominican Republic
-
Ecuador
-
Egypt
-
El Salvador
-
Estonia
-
Eswatini
-
Ethiopia
-
Finland
-
France
-
Georgia
-
Germany
-
Ghana
-
Greece
-
Haiti
-
Hong Kong
-
Hungary
-
India
-
Indonesia
-
Iran, Islamic republic
-
Iraq
-
Ireland
-
Israel
-
Italy
-
Jamaica
-
Japan
-
Jordan
-
Kazakhstan
-
Kenya
-
Korea
-
Kuwait
-
Kyrgyzstan
-
Laos
-
Latvia
-
Lebanon
-
Lesotho
-
Libya
-
Lithuania
-
Luxembourg
-
Madagascar
-
Malaysia
-
Malta
-
Mauritius
-
Mexico
-
Moldova
-
Mongolia
-
Montenegro
-
Morocco
-
Mozambique
-
Myanmar
-
Namibia
-
Nepal
-
Netherlands
-
New Zealand
-
Nigeria
-
North Macedonia
-
Norway
-
Oman
-
Pakistan
-
Palestine
-
Panama
-
Papua New Guinea
-
Paraguay
-
Peru
-
Philippines
-
Poland
-
Portugal
-
Puerto Rico
-
Qatar
-
Reunion
-
Romania
-
Rwanda
-
Saudi Arabia
-
Serbia
-
Singapore
-
Slovakia
-
Slovenia
-
Somalia
-
South Africa
-
Spain
-
Sri Lanka
-
Sweden
-
Switzerland
-
Syria
-
Taiwan
-
Tajikistan
-
Tanzania
-
Thailand
-
Trinidad and Tobago
-
Tunisia
-
Turkey
-
UAE
-
Uganda
-
Ukraine
-
United Kingdom
-
United States
-
Uruguay
-
Uzbekistan
-
Venezuela
-
Vietnam
-
Yemen
-
Zambia
-
Zimbabwe
- Forex
- Crypto
