
Apr 03, 16:40

SOC Team
DWF Labs received 1M USD1 for market-making purposes
Related addresses
DWF Labs (@DWFLabs) just received 1M USD1, the stablecoin launched by the Trump family's DeFi project World Liberty Financial (WLFI), for market-making purposes:
- transaction 1: 0xb8d6a9e83189ee438306949d57fc2ca4bd5f934d048df915d8993541d1fe1c55
- transaction 2: 0xa92f031fe70198ab6502589d336ffccd9d222050b267483eadb4c17d44ab0f8a
- DWF Labs' address: 0x53c902A9EF069F3b85e5e71f918C4D582F3063Fa
- This address belongs to the entity DWF Labs.
Notably, USD1 is backed by US Treasury bonds, US dollar deposits, and cash equivalents, and is managed by BitGo.
Fig 1. DWF Labs just received 1M USD1 for market-making purposes.