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BTCC / BTCC Square / Global Cryptocurrency /
Frax Finance Targets ‘Made in USA’ DeFi Ecosystem with Investment in Trump-Affiliated WLFI

Frax Finance Targets ‘Made in USA’ DeFi Ecosystem with Investment in Trump-Affiliated WLFI

Author:
Global Cryptocurrency
Published:
2025-01-24 07:00:59
20
3
Frax Finance has proposed a $5 million investment in WLFI, the native token of World Liberty Financial (WLFI), a decentralized finance (DeFi) platform associated with US President Donald Trump. The primary goal of this investment is to establish Frax Finance as a leading player in the 'Made in USA' DeFi ecosystem. The proposal, which is open for community feedback, also includes an additional $5 million follow-on investment, contingent on the success of the partnership, bringing the total potential commitment to $10 million. Frax Finance believes that WLFI, built on Aave, is well-positioned to benefit from the Trump administration's pro-crypto stance. WLFI is described as a key project aimed at introducing millions of Americans to DeFi.

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