WLFI (World Liberty Financial) increased by 6.13% in the past 24 hours

Gate News Bot Message, February 2nd, according to CoinMarketCap data, as of press time, WLFI (World Liberty Financial) is trading at $0.13, up 6.13% in the past 24 hours, with a high of $0.17 and a low of $0.12. The 24-hour trading volume reached $261 million. The current market capitalization is approximately $3.577 billion, an increase of $210 million from yesterday.

World Liberty Financial is an integrated financial ecosystem connecting DeFi and TradFi. WLFI Markets allows users to supply assets through the third-party lending network provided by Dolomite to earn potential yields, or use assets as collateral to borrow liquidity. WLFI token holders have governance rights on the platform, guiding future development through proposals, reviews, and voting.

The main platform products include USD1 stablecoin — a dollar-pegged stablecoin designed for the new era of finance, characterized by stability, security, and transparency; WLFI Markets — supporting asset supply and collateralized lending functions; WLFI App (coming soon) — enabling users to use crypto assets via wallet or bank account. WLFI tokens are available on multiple blockchain networks including Ethereum, BNB Chain, and Solana, and have established partnerships with several major exchanges.

Important recent news about WLFI:

1️⃣ Clearer US regulatory stance, bank license application supported by policy The Office of the Comptroller of the Currency (OCC) officially stated that the process for WLFI’s application for a national trust bank license will undergo non-political review, and no political or personal financial relationships will influence the approval. The OCC rejected the anti-crypto senator’s request for a special review and responded officially through the Comptroller of the Currency, promising to fulfill the review responsibilities without yielding to political pressure. This statement alleviates market concerns about administrative intervention, providing strong policy support for the project’s compliance process, and helps boost investor confidence in its long-term prospects.

2️⃣ Strategic asset allocation shifts towards Ethereum ecosystem, clear institutional accumulation signals WLFI has launched a large-scale asset restructuring, selling approximately 93.77 WBTC and buying 2,868.4 ETH at an average price of about $2,813, totaling over $8 million in swaps, demonstrating a strategic shift towards the Ethereum ecosystem. Meanwhile, several large addresses have received 6.27 million WLFI and 324 ETH from BitGo, worth over $200,000, indicating institutional capital is leveraging recent market adjustments for strategic positioning. These large holdings adjustments and significant accumulation behaviors reflect market participants’ optimistic outlook on WLFI’s long-term value within the Ethereum ecosystem.

3️⃣ Dual engine of ecosystem cooperation and product innovation, expanding application scenarios WLFI has reached a strategic partnership with decentralized satellite network Spacecoin and conducted token swaps, exploring the integration of DeFi and satellite internet infrastructure, especially targeting regions with limited traditional financial infrastructure for payments and settlement needs. Nasdaq-listed WLFI treasury company ALT5 Sigma launched “ALT5 AI,” an enterprise-level AI payment service, planning to integrate USD1 stablecoin and WLFI ecosystem to expand AI-driven transaction flow applications. These strategic collaborations and new product launches indicate the project is transitioning from purely crypto financial tools to cross-domain infrastructure applications, opening new markets for the commercialization of USD1 stablecoin.

This message is not investment advice. Investors should be aware of market volatility risks.

WLFI2.19%
ETH-6.24%
USD10.09%
BNB-2.26%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)