Trump-supporting DeFi platform WLFi to debut on LBank exchange
On September 1, 2025, World Liberty Financial (WLFI) will make its debut on the global exchange LBank, marking a significant milestone for the innovative DeFi solution. The launch will take place at 13:00 UTC (6:30 IST).
WLFI, which positions itself as a "friendly" DeFi solution compared to mainstream projects, aims to bridge the gap between decentralized and traditional finance. The ecosystem consists of two tokens: USD1, a 100% dollar-pegged stablecoin collateralized by U.S. Treasury bonds, and WLFI, the governance token that allows holders to vote on the platform's operational decisions.
The Trump family has shown strong support for WLFI, having invested over $500 million in the first funding round, making them significant stakeholders in the project. However, criticism has been focused on the project's ownership structure, as it is believed that most tokens and revenue rights are in the hands of insiders.
Despite this, WLFI has attracted notable investors beyond the Trump family. Major institutional investors such as BlackRock, State Street, Vanguard, and notable pension funds like the California State Teachers' Retirement System, the Police and Firemen's Retirement System of New Jersey, and the New York State Common Retirement Fund have acquired shares in World Liberty Financial. These acquisitions were mainly driven by index inclusion rather than strategic endorsements.
The Abu Dhabi-based Aqua1 Foundation also invested $100 million in WLFI, and a fund from the United Arab Emirates transferred over $2 billion in USD1 to Binance.
WLFI's lending system is based on the Aave protocol, one of the oldest and most reliable in decentralized finance. After launch, deposits and withdrawals on WLFI will be operational 24 hours later. LBank will apply a 0.2% fee for transactions during WLFI's debut.
The WLFI project aims to provide a simple financial tool for both experienced crypto users and everyday people like teachers, dentists, or small business owners. WLFI's expansion onto multiple blockchains, including Ethereum and BNB Chain, further cements its commitment to accessibility and inclusivity.
As WLFI prepares for its global debut, it continues to attract attention and controversy in equal measure. Only time will tell how the project will evolve and whether it will live up to its ambitious promises.
