Important points
- Robinhood will add WLFI, the deflationary token of President Trump-backed World Liberty Financial, to its U.S. trading platform.
- WLFI is designed to bridge traditional decentralized finance and trades with a market capitalization of $0.2 and a market capitalization of $5.4 billion, despite a 37% price decline since launch.
Robinhood has listed the WLFI token on its US trading platform. WLFI is a deflationary token of World Liberty Financial, a DeFi project backed by President Trump that aims to bridge traditional finance and decentralized finance.
The token currently trades at around $0.2 and has a market capitalization of $5.4 billion. WLFI prices have fallen about 37% since its launch.
World Liberty Financial has burned 47 million WLFI tokens and integrated them with the BNB chain. The project recently secured full listing on Gemini Exchange, including trading, custody, and support for the USD1 stablecoin.
The platform plans to leverage the USD1 stablecoin and launch a debit card for WLFI users that supports Apple Pay. World Liberty Financial positions itself as the “Venmo + Robinhood of cryptocurrencies” that connects traditional finance with DeFi.
Robinhood recently submitted regulatory proposals to the SEC for real-world asset tokenization, including plans for compliant RWA exchanges on the Solana and Base blockchains.