Key takeout
- Robinhood is including WLFI, a deflationary token from Trump-backed world Liberty Monetary, to its US buying and selling platform.
- The WLFI is designed to fill conventional and decentralized funds, buying and selling at $0.2 with a market capitalization of $5.4 billion regardless of a 37% drop in worth since its launch.
Robinhood lists WLFI tokens on its US buying and selling platform. WLFI is a deflationary token from the world's Liberty Financials. It is a Trump-backed Defi undertaking geared toward filling conventional finance with decentralized finance.
The token is at present buying and selling at a market capitalization of $5.4 billion for round $0.2. WLFI costs have fallen by about 37% since launch.
World Liberty Monetary has burned 47 million WLFI tokens and built-in them with the BNB chain. The undertaking not too long ago secured an entire record of Gemini Exchanges, together with buying and selling, custody, and USD1 Stablecoin assist.
The platform will use Apple Pay assist with USD1 Stablecoin to launch debit playing cards for WLFI customers. The monetary place of world freedom is its standing because the “Benmo + Robinhood code” to hyperlink conventional funds to debt.
Robinhood not too long ago submitted a regulatory proposal to the SEC for precise asset tokenization, together with plans for compliant RWA exchanges in SOLANA and the bottom blockchain.
