The Trump family’s decentralized finance (DeFi) platform, World Liberty Financial (WLFI), is poised to introduce two new products aimed at investors, capitalizing on the fast-growing sector of tokenization and a new debit card solution.
Witkoff revealed that the forthcoming debit card, designed to facilitate crypto asset spending in daily life, is set to enter a pilot program in the next quarter, with a launch anticipated either in the fourth quarter of this year or the first quarter of 2026.
In addition to the debit card, Witkoff emphasized the company’s focus on the tokenization of real-world assets (RWAs). “We’ve not only thought about it, we’re actively working on it,” he stated, noting that assets such as oil, gas, cotton, and timber could benefit from being traded on-chain.
We’re flying to every single corner of this globe, convincing people to onboard to USD1, which, in effect, convinces those people to go buy US Treasuries, and it’s great for the US dollar.
In August of this year, World Liberty Financial revealed a partnership with the technology firm ALT5 Sigma. As part of a treasury strategy, ALT5 Sigma will acquire substantial amounts of WLFI tokens, following Strategy’s (formerly MicroStrategy) acquisition of Bitcoin.
On Wednesday, WLFI posted gains of 2%, reaching the $0.200 mark, which has proven to be a major obstacle for the token’s price, as it has been unable to surpass this level for several days.
Featured image from DALL-E, chart from TradingView.com