World Liberty Financial Inc., a crypto platform linked to the Trump family, is teaming up with Re7 Capital, a London-based hedge fund focused on decentralized finance (DeFi). This partnership is supported by a major investment, up to $10 million, from a Hong Kong family office called VMS Group. This marks VMS Group’s first step into the crypto world.
As part of the deal, World Liberty and Re7 Labs (the tech wing of Re7 Capital) plan to launch a stablecoin vault for their USD1 token. This will be done using platforms like Euler and Lista. The main goal is to grow the use of USD1 on Binance’s BNB Chain — a major blockchain network.
Evgeny Gokhberg, the founder of Re7 Capital, said this partnership aims to create a more stable and efficient DeFi system. He believes it will help both crypto-savvy users and traditional investors feel more confident in using stablecoins.
VMS Group isn’t the only one investing. The UAE-based Aqua 1 Foundation recently bought $100 million worth of World Liberty tokens. This makes Aqua 1 the largest single investor in the project, even more than crypto entrepreneur Justin Sun, who advises World Liberty.
Back in May, a tech investment firm called MGX — linked to Abu Dhabi’s sovereign wealth fund — used the USD1 stablecoin for a massive $2 billion investment into Binance. These moves show how big investors from the Middle East are backing the Trump-affiliated crypto project in a big way.
Recently, the US Securities and Exchange Commission (SEC) has taken steps to end its legal fight with Binance. The SEC and Binance’s founder, Changpeng Zhao, filed a joint motion in court to pause the case.
