Donald Trump-Backed Crypto Venture World Liberty Financial (WLFI) Unveils New Vision at Token2049 in Singapore The company announced a major tokenization initiative, focusing on bringing key commodities such as oil, gas, cotton, and lumber—as well as financial assets—onto the blockchain.
Commodities Tokenization Accelerates
WLFI CEO Zack Witkoff emphasized during his keynote that tokenization is not just a theoretical concept for the company but an active strategy already in motion:
“We didn’t just think about it—we are actively building it.”
According to the company’s plan, both energy resources like oil and gas and agricultural/raw materials such as cotton and lumber will be digitized on-chain. This move is seen as a significant step in the broader trend of Real World Assets (RWA) tokenization.
Powered by the USD1 Stablecoin
At the heart of WLFI’s tokenization push is its dollar-pegged stablecoin, USD1. With a market capitalization already approaching $2.7 billion, USD1 has become the fifth-largest stablecoin globally.
Witkoff stressed that USD1 is designed not just as a payment mechanism but as “the currency of the future of finance.” He also highlighted WLFI’s mission to act as “the voice of the people” through decentralization and community focus.
Trump Jr.: “We Aim for Global Growth”
WLFI Co-Founder Donald Trump Jr. framed the project as a global initiative: “As America, we must lead—but this is not just for the U.S., it’s a platform designed for the entire world.”
Both Witkoff and Trump Jr. clarified that WLFI is not a political endeavor but a purely commercial enterprise. Witkoff explained:
“Dollarizing the world is a patriotic mission, but it’s also a step that will bring global benefits. We love President Trump and believe he’s the greatest president in history. But World Liberty Financial is not a political organization—it is a commercial venture.”
The New Direction of Crypto Finance
WLFI’s strategy is seen as critical for bridging the gap between crypto and the real-world economy. Tokenizing commodities and financial assets could increase transparency, reduce costs, and open access for global investors.
Experts believe this move positions WLFI not only as a strong player in the stablecoin sector but also as a serious contender in the global tokenization race.

