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  1. News
  2. Crypto News
  3. WLFI Token Attracts Public Companies for Treasury Holdings

WLFI Token Attracts Public Companies for Treasury Holdings

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WLFI Token- World Liberty Financial Eyes Market Growth Amid Regulatory Changes

WLFI Token – The DeFi project World Liberty Financial, associated with former President Donald Trump, is attracting significant attention from public companies interested in holding its native WLFI token as part of their treasury assets. Zak Folkman, co-founder of World Liberty Financial, shared this insight during his speech at the Permissionless conference in New York. He stated, “There has been a lot of interest from several public vehicles who want to use WLFI to be held in their treasuries as well,” as reported by Bloomberg.

Folkman also praised Michael Saylor, Executive Chairman of Strategy, for promoting cryptocurrency as a corporate reserve asset. Strategy’s approach has inspired others, with the company recently acquiring 245 BTC for about $26 million, increasing their holdings to 592,345 BTC. Following this lead, Japanese firm Metaplanet recently bought $133 million worth of Bitcoin, raising its total BTC holdings to 12,345.

USD1 Stablecoin and Regulatory Impact

World Liberty Financial is also developing its USD1 stablecoin, which currently holds a market value near $2.1 billion. Folkman confidently noted it is “literally just a matter of time” before USD1 becomes the highest-capped stablecoin in the market. The appeal of fiat-pegged cryptocurrencies has grown, especially with the introduction of the GENIUS Act, recently passed by the U.S. Senate, which provides a comprehensive regulatory framework for stablecoin issuers.

While Tether’s USDT remains the dominant stablecoin with approximately $156.8 billion in circulation, USD1 received a significant boost when Abu Dhabi-based investment firm MGX announced plans to use USD1 for a $2 billion Binance minority stake transaction.

Upcoming Token Transferability and Ownership Changes

World Liberty Financial’s largest investor, Tron founder Justin Sun, holds a $75 million stake in the project. Recently, the team announced plans to make WLFI tokens transferable, responding to community requests. Currently, WLFI tokens grant holders voting rights and proposal submission within the ecosystem but cannot yet be traded.

In addition, recent reports indicate the Trump family has sold about 20% of their holdings in World Liberty Financial over the past weeks, marking another significant development for the project.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Cryptocurrencies and stocks, particularly in micro-cap companies, are subject to significant volatility and risk. Please conduct thorough research before making any investment decisions.

WLFI Token Attracts Public Companies for Treasury Holdings

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WLFI Token Attracts Public Companies for Treasury Holdings
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