- As part of its expanding constellation, Spacecoin recently launched three satellites into space, showcasing its quick development.
- It is the start of a journey to create innovative solutions that combine satellite internet connectivity with decentralized financial technologies.
Today, World Liberty Financial and Spacecoin established a cooperation based on a strategic token swap. It is the start of a journey to create innovative solutions that combine satellite internet connectivity with decentralized financial technologies.
“Spacecoin is tackling a real infrastructure problem — expanding internet access by building connectivity from space,” said Zak Folkman, Co-Founder of World Liberty Financial. “What stood out to us is the focus on execution and long-term utility. USD1 is intended to support payment and settlement activity in the real world, and partnerships like this are focused on exploring payments, settlement, and coordination in environments where traditional financial rails may be limited.”
As part of its expanding constellation, Spacecoin recently launched three satellites into space, showcasing its quick development from idea to operational infrastructure in only three years. World Liberty Financial provides the financial infrastructure needed to meet the needs of the new internet on a worldwide scale.
“Our mission is to provide connectivity to everyone, everywhere, but that is only half the battle. True digital freedom also requires access to robust, fair, and open financial services,” said Tae Oh, Founder of Spacecoin. “Partnering with World Liberty Financial, a provider of compliant and trusted DeFi solutions means when our users come online for the first time, they can have access to one of the most important internet capabilities: to financially transact.”
Keep checking back as we work to democratize access to the space economy and (space)ship products.
A leading decentralized finance (DeFi) protocol and governance platform, World Liberty Financial (WLFI) is committed to empowering people by providing them with safe, easy-to-use, and transparent financial solutions. Motivated by President Donald J. Trump’s goal, WLFI aims to democratize access to DeFi by developing easily navigable tools that enable a wider audience to enjoy the advantages of decentralized finance. By providing a strong, user-friendly platform that enables users to actively engage in the financial future, WLFI aims to lead the DeFi movement.
The groundwork for a genuinely open and global internet is being laid by Spacecoin. Using a proprietary low-Earth orbit (LEO) satellite constellation, Spacecoin is the first decentralized physical infrastructure network (DePIN) in history. It uses blockchain-enabled nanosatellites to deliver permissionless internet access worldwide. Spacecoin is working to connect disadvantaged and isolated areas to the internet in order to create a more decentralized and equitable digital future. The company has already launched its first satellites into space.