Trump's World Liberty Financial signs partnership deal with London hedge fund

World Liberty Financial (WLFI), a crypto platform tied to US President Donald Trump’s family, has partnered with London hedge fund Re7 to launch a USD1 stablecoin vault across Euler Finance and liquid staking protocol Lista.

The partnership is part of a broader effort to expand the presence of World Liberty's USD1 stablecoin on the BNB Chain, according to Bloomberg.

Lista is one of the major liquid staking platforms for the BNB (BNB) token, and its decentralized autonomous organization (DAO), which governs the platform, is backed by Binance Labs — the venture capital arm of crypto exchange Binance.

An overview of tokens held by WLFI. Source: Arkham Intelligence

Binance Labs invested $10 million in Lista in August 2023. At the time, Lista was known as Helio Protocol and the capital was meant to aid the platform's transition to a liquid staking provider.

WLFI continues to receive backing from institutional investors as US dollar stablecoins and real-world asset tokenization — the two sectors the DeFi platform is focused on — become strategically important to increasing the salability of the US dollar, a major priority of the Trump administration.

Related: Trump-backed World Liberty to release stablecoin audit, make WLFI transferable

WLFI attracts institutional capital

In April, crypto market maker DWF Labs purchased $25 million in WLFI tokens, the governance token of the WLFI platform. The market maker will also provide liquidity for the USD1 stablecoin as part of the investment deal.

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 major use cases that would restructure global finance.

Trump reported $57 million in income from WLFI to the US Office of Government Ethics in a June 13 disclosure filing, the bulk of which appears to have come from token sales.

Despite the investment deals and windfall income, the Trump family reduced its stake in WLFI by 20% since 2024.

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