World Liberty Financial to Unleash WLFI Token Transfers as Institutional Demand Surges
Wall Street meets Web3—World Liberty Financial flips the switch on WLFI token transfers.
Institutional money is knocking: The tradFi giant's crypto pivot accelerates as hedge funds and family offices pile into tokenized finance.
Tokenomics 2.0: WLFI's transfer capability opens floodgates for liquidity—just as regulators start drafting their 'how to miss the boat again' playbook.
Behind the hype: A cynical look at why legacy finance suddenly loves blockchain (hint: it's not the decentralization).
Game changer or bandwagon? Either way, the suits are all-in on this token—for better or worse.
Rising institutional interest
The decision to make WLFI transferable comes as the DeFi project’s ecosystem is experiencing significant improvements.
During a recent industry gathering, Zak Folkman, a co-founder of World Liberty Financial, reportedly revealed that the project is developing a mobile app to improve retail users’ accessibility to crypto tools.
While full details have not been released, the app is expected to simplify entry into DeFi for newcomers.
Meanwhile, he also revealed that multiple public companies are exploring adding WLFI to their crypto holdings.
According to Folkman:
“There has been a lot of interest from several public vehicles who want to use WLFI to be held in their treasuries as well.”
This trend mirrors a broader shift in traditional finance, where firms increasingly engage with crypto, especially under the current administration’s pro-crypto stance.
USD1 prospects
At the same time, Folkman revealed that the firm is also conducting an independent audit of its USD1 stablecoin.
Notably, the DeFi project executive believes the dollar-pegged asset has strong market potential and could replace Tether as the largest stablecoin by market cap.
According to data from CryptoSlate, USD1’s current circulating supply is estimated at $2.2 billion. Earlier this month, USD1 was distributed via an airdrop to WLFI holders as part of a community incentive and to test on-chain distribution mechanics.
