World Liberty Financial, a crypto initiative supported by Donald Trump Jr., has revealed its ambitions to digitize a range of physical assets and integrate them with its USD1 stablecoin. The CEO, Zack Witkoff, disclosed this during the Token2049 conference in Singapore, his remarks emphasizing the company’s plan to go beyond the existing blockchain-based metals portfolio to include petroleum, natural gas, cotton, and timber.
Source: The Block
Key highlights include:
Witkoff said, “We’ve not only thought about it, we’re actively working on it. Commodities are a really interesting area for us, and all of these assets should be traded on-chain.”
Beyond tokenization, World Liberty Financial is constructing a broad ecosystem to oversee all kinds of assets in both tokenized and digital forms. The enterprise envisages the crypto debit card issuance to take place between the fourth quarter of 2025 and the first quarter of 2026, thus allowing users to make effortless transactions. The mobile app with the wallet system will be a means for the users who wish to have, trade, and monitor tokenized assets and their cryptocurrencies. As a result, as the platform is globally accessible, it is expected to enable a “dollarized” ecosystem, which will be a considerable step to the simplification of international finance and will facilitate greater worldwide accessibility of digital assets
Donald Trump Jr stated that the project is not political but rather “a fantastic business idea” which will solely focus on creating a financial platform driven by businesses. CEO Zack Witkoff supported the point by saying, “World Liberty is not a political organization; we are a business dedicated to financial innovation.” Through the combination of tokenized real-world assets with the USD1 stablecoin, World Liberty Financial illustrates the convergence of blockchain technology and traditional commodities, thus, making the entire global financial system more transparent, accessible, and efficient.
