World Liberty Financial’s Strategic Move with WLFI Tokens
World Liberty Financial, a cryptocurrency venture linked to the Trump family, is exploring the creation of a $1.5 billion publicly traded company dedicated to its WLFI tokens. This strategy draws inspiration from the success of digital-asset treasury firms like MicroStrategy, rebranded as Strategy, known for its substantial Bitcoin investments.
WLFI Tokens Go Tradable: A Community Milestone
With an overwhelming 99.94% approval, holders of the Donald Trump-endorsed World Liberty Financial (WLFI) governance tokens have voted to make their assets tradable. This landmark decision enhances community engagement in the project’s trajectory.
Trump Media’s $2 Billion Bitcoin Venture
Trump Media and Technology Group, the powerhouse behind Truth Social, has announced a $2 billion foray into Bitcoin and related securities. This move aligns with the U.S. House of Representatives’ passage of key cryptocurrency legislation, marking a pivotal moment for digital assets in mainstream finance and politics.
WisdomTree Pioneers with USDW Stablecoin
WisdomTree introduces the USDW stablecoin, a groundbreaking offering that allows investors to earn dividends directly on the blockchain. This innovation merges traditional financial perks with the digital asset revolution.
Anchorage Digital Bridges Institutions to DeFi
Following the GENIUS Act, Anchorage Digital has unveiled a stablecoin platform aimed at connecting institutional investors with Ethereum’s DeFi ecosystem.
Stablecoin Sector’s Remarkable Growth
The stablecoin sector has seen its market cap soar to $266 billion, a 61.5% increase over the past year, driven by clearer regulations in the EU and U.S.
Bullish Crypto Exchange Eyes NYSE Listing
Bullish, a cryptocurrency exchange based in the Cayman Islands, is preparing for a U.S. initial public offering (IPO), with plans to list on the New York Stock Exchange (NYSE) under the ticker ‘BLSH’.
FTX Sets September 30 for Creditor Payouts
The FTX bankruptcy estate is set to distribute $1.9 billion to creditors starting September 30, a critical phase in its bankruptcy proceedings, following the resolution of disputed claims that reduced reserves from $6.5 billion to $4.3 billion.
Divine Research Innovates with Unsecured Crypto Loans
Standing out in the crypto lending space, Divine Research offers unbacked loans, leveraging Sam Altman’s World ID for verification. This approach redefines lending in decentralized finance.
SBI Holdings to Launch Japan’s First Bitcoin-XRP ETF
SBI Holdings, a leading Japanese financial services company, plans to debut Japan’s first dual-asset cryptocurrency exchange-traded fund (ETF), featuring Bitcoin and XRP.
