- World Liberty Financial is pushing the boundaries of traditional finance by tokenizing real-world assets like oil, gas, and timber.
- The firm has partnered with Aptos to integrate its USD1 stablecoin into the blockchain ecosystem, enhancing cross-chain support.
- The U.S. SEC is backing RWA tokenization, encouraging firms to tokenize traditional assets, including stocks and bonds.
World Liberty Financial, led by co-founders Donald Trump Jr. and Zach Witkoff, made significant announcements regarding the tokenization of real-world assets (RWA) at the Token2049 event held on October 1. The firm aims to bridge decentralized finance (DeFi) with traditional finance (TradFi) by introducing tokenized commodities such as oil, gas, cotton, and timber, using its USD1 stablecoin to back these assets.
Zach Witkoff, CEO of World Liberty Financial, highlighted the potential of commodities trading on-chain. The firm sees tremendous value in bringing physical assets such as oil and gas into the blockchain space. According to Witkoff, this approach would significantly improve the efficiency of trading these commodities. By pairing tokenized commodities with the USD1 stablecoin, the company is set to offer a more streamlined and transparent trading solution.
RWA Tokenization Supported by the US SEC
RWA tokenization is becoming a trend in the United States. This follows after the U.S. Securities and Exchange Commission (SEC) assumed a positive position with regard to blockchain-based projects. Commissioner Hester Peirce of the SEC has been ardently supporting the tokenization initiative, especially with respect to physical commodities. The fact that the SEC is ready to cooperate with tokenization efforts, such as the possibility of tokenized stock, can change the traditional financial market landscape substantially.
World Liberty Financial also announced a key partnership with Aptos to enhance its blockchain presence. The firm will integrate its USD1 stablecoin with Aptos, marking its first Move-based integration. This partnership will enable World Liberty Financial’s stablecoin to support DeFi protocols on the Aptos network, expected to go live on October 6. This collaboration expands the usability of the USD1 stablecoin across more platforms and strengthens its position in the DeFi sector.
Looking Toward the Future: Debit Card and Retail App Launch
In the future, the company is also developing a debit card that will enable users to use crypto assets in their daily expenditures. This card will either be released in Q4 2025 or Q1 2026 and is another significant move in the company working to merge crypto and traditional finance. Moreover, a retail application is under development, and it should allow making crypto services more accessible to ordinary consumers.
The fact that World Liberty Financial has taken decisive action in the RWA tokenization domain indicates that the company is determined to overcome the barrier between the traditional and blockchain finance worlds. The practice of tokenization of real-world assets, such as commodities, by the firm and the increasing regulatory backing might speed up the mainstreaming of blockchain solutions in finance.
