Frax Finance has proposed a significant $5 million investment in World Liberty Financial (WLFI), a decentralized finance (DeFi) platform closely associated with Donald Trump’s administration. This strategic move aims to establish FRAX's leadership position within the expanding U.S.-based DeFi ecosystem.
Moreover, Frax Finance is considering a potential follow-up investment of $10 million, contingent upon the initial investment's success, indicating their strong commitment to fostering growth and innovation in the DeFi space.