Key Takeaways
- Robinhood is adding WLFI, a deflationary token from Trump-backed World Liberty Financial, to its US trading platform.
- WLFI is designed to bridge traditional and decentralized finance, trading at $0.2 with a $5.4 billion market cap despite a 37% price drop since launch.
Robinhood is listing the WLFI token on its US trading platform. WLFI is the deflationary token from World Liberty Financial, a Trump-backed DeFi project that aims to bridge traditional finance with decentralized finance.
The token currently trades at around $0.2 with a market cap of $5.4 billion. WLFI’s price has declined about 37% since launch.
World Liberty Financial has burned 47 million WLFI tokens and integrated with BNB Chain. The project recently secured a full listing on Gemini Exchange, including trading, custody, and USD1 stablecoin support.
The platform plans to launch a debit card for WLFI users with Apple Pay support, powered by the USD1 stablecoin. World Liberty Financial positions itself as a “Venmo + Robinhood of crypto” to connect traditional finance with DeFi.
Robinhood recently submitted a regulatory proposal to the SEC for real-world asset tokenization, including plans for a compliant RWA exchange on Solana and Base blockchains.
Source: https://cryptobriefing.com/robinhood-lists-wlfi-token-world-liberty-financial/