Trump-Backed DeFi Project WLFI Set for LBank Listing
Trump-backed DeFi token WLFI gears up for a high-profile LBank listing, with experts eyeing $500M funding, institutional interest.
Quick Take
Summary is AI generated, newsroom reviewed.
WLFI will debut on LBank on September 1, 2025, in the WLFI/USDT pair.
The project raised $500M and has strong institutional backing, including Abu Dhabi funds.
Concerns persist over governance control and political influence in the venture.
Analysts predict high volatility as traders await the market’s verdict post-launch.
World Liberty Financial (WLFI) is a DeFi project with Trump family ties. It will be listed on the global exchange LBank at 13:00 UTC (6:30 IST) on September 1, 2025. This is the breaking news for today (breaking out on twitter). Eveery deposit and withdrawal will be effective 24 hours after the launch. L.Bank will be charging a 0.2% fee which is viewed as a common aggrement for such a huge launch.
Inside the WLFI Ecosystem
The WLFI ecosystem has two tokens. The first, USD1, is a stablecoin with 100% of its value backed by the US dollar and collateralized by US Treasury bonds. It is kept safe by BitGo which is the second token. WLFI is basically a governance token that provides holders the power to vote on the operation of the platform. The project aims to beudge the DeFi and conventional finance. Thereby, is more of a friendly defi project than the mainstream.
Political and Institutional Environment
The Trump family has major stakes in WLFI. They put up over $500 million in the first round of financing. Critics are concerned about ownership of the project. This is because insiders are believed to hold most tokens and revenue rights. However, the project has been attracting big investors like the Aqua1 Foundation from Abu Dhabi, which invested $100 million. A UAE fund also transferred over USD1 to Binance, moving more than $2 billion, showing that the token was used by institutions early in its development.
Technical Background and Multi-Chain approach
WLFI’s primary work is based on Aave’s lending system. This is one of the oldest and most reliable systems in decentralized finance. It allows people to lend, borrow and trade digital money while earning additional income on the side. The idea is to create a simple financial tool which is useful for advanced crypto users. Not only that but also to the ordinary people like teachers, dentists and small business owners. WLFI is also expanding to several blockchains, including Ethereum and BNB Chain, to make it even easier to use and move money.
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