DUBAI, Dec 3 (Reuters) – World Liberty Financial, a crypto venture backed by U.S. President Donald Trump’s family, will launch its suite of real-world asset products at the beginning of the first quarter in January, co-founder Zach Witkoff announced on Wednesday during an event in Dubai. USD1, WLF’s stablecoin, was used by an Abu Dhabi-backed […]
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WLF to launch real-world asset products in January, co-founder says
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DUBAI, Dec 3 (Reuters) – World Liberty Financial, a crypto venture backed by U.S. President Donald Trump’s family, will launch its suite of real-world asset products at the beginning of the first quarter in January, co-founder Zach Witkoff announced on Wednesday during an event in Dubai.
USD1, WLF’s stablecoin, was used by an Abu Dhabi-backed MGX firm to pay for their investment in Binance this year.
The announcement came during a two-day event organized by Binance, the world’s largest cryptocurrency exchange two-day event in Dubai featuring senior company and industry executives.
(Reporting by Federico Maccioni and Utkarsh Shetti; Writing by Tala Ramadan; Editing by Louise Heavens)