Donald Trump’s World Liberty Financial claims it’s seen 100,000 signal interest in the platform and brought on Paxos co-founder Rich Teo as a stablecoin and payments lead.
The Donald Trump-backed crypto project World Liberty Financial claims it has seen over 100,000 signups before its public token launch on Tuesday, Oct. 15.
In a meandering over 90-minute-long Oct. 14 X space that offered little new information, the platform’s head of operations, Zak Folkman, said the WLFI token would be an Ethereum-based ERC -20 token and reiterated that it would function as the governance asset of the decentralized finance (DeFi) platform.
Folkman, along with fellow World Liberty Financial team members Chase Herro and Zach Witkoff, rehashed information shared days earlier in an Oct. 11 blog post, saying the platform will allow users to borrow and lend crypto, create and interact with liquidity pools and transact with stablecoins.