- World Liberty Financial is tokenizing physical commodities like oil and timber, pairing them with its USD1 stablecoin for transactions.
- The project includes a governance token WLFI for holder influence and a debit card planned for late 2025 release.
World Liberty Financial is moving forward with plans to convert physical commodities into digital tokens. CEO Zack Witkoff shared this update during the Token2049 conference in Singapore. He confirmed that assets such as oil, natural gas, cotton, and timber are currently being prepared for on-chain trading. These tokenized resources will integrate with the project’s USD1 stablecoin to facilitate transactions.
“We’ve not only thought about it, we’re actively working on it,” Witkoff said. “I think commodities are a really interesting area for us, whether it be oil, gas, things like cotton, timber, all of those things, frankly, should be traded on chain.”
Witkoff explained that commodity tokenization requires a stablecoin pairing known for integrity and clarity. Consequently, USD1 is positioned to fulfill that role. The stablecoin has achieved rapid growth, now ranking as the fifth largest globally with a market value of approximately $2.7 billion. Moreover, the team announced that USD1 will debut on the Aptos blockchain, representing its first deployment on a Move-based network.
The project also features a governance token, WLFI, which aims to grant holders influence over decisions. Witkoff described USD1 as foundational for future financial systems, while WLFI embodies community representation. Beyond tokenization, World Liberty Financial is advancing a debit card scheduled for late 2025 or early 2026. A dedicated mobile application and wallet are similarly in development.
“We should be leading as America… [but] we want this to be for the world,” Trump Jr. wrote. “It’s about creating a platform for the world to utilize, for them to partake in all of these things.”
Donald Trump Jr., a co-founder of the initiative, stressed its international objectives. He noted that while American leadership is valued, the platform is intended for worldwide adoption. Both Witkoff and Trump Jr. reaffirmed that World Liberty Financial operates as a commercial enterprise, not a political group.
