Crypto Lending Platform
World Liberty Financial is a DeFi project supported by the Donald Trump family. Its mission is to "make cryptocurrencies and America great by promoting the mass adoption of stablecoins and decentralized finance". World Liberty Financial will first be launched as a market for cryptocurrency lending using Aave infrastructure, and will launch its governance token WLFI and stablecoin USD1. Unlike other governance tokens such as UNI and MKR, WLFI does not provide economic rights.
Odaily AI Financial (formerly Alt5 Sigma), a publicly listed crypto company linked to the family of U.S. President Donald Trump, has announced it will acquire crypto infrastructure startup Block Street for up to $43 million. Block Street was founded by Matthew Morgan, who currently serves as an advisor to AI Financial and is also its CEO and largest shareholder.According to a filing with the U.S. Securities and Exchange Commission (SEC), the deal was reached last Monday. Block Street was registered in October 2025, but Morgan stated that its business operations had started about 16 months prior.The acquisition has raised market concerns about potential conflicts of interest, as Morgan is both an advisor to AI Financial and the founder of the acquired company. He was briefly nominated for the position of Chief Investment Officer in a previous cooperation deal between AI Financial and World Liberty Financial, but the role was later adjusted to an unpaid advisor position.In August, AI Financial reached an agreement with World Liberty Financial to include approximately $1.5 billion in crypto assets on its balance sheet, in exchange for equity and a board seat. This collaboration also positioned the company as part of the "Trump family crypto ecosystem."In interviews, Morgan has denied that the transaction constitutes self-dealing, stating that Block Street focuses on tokenization and ICO infrastructure capabilities, areas AI Financial is looking to enter. He claimed to have pitched the asset to several other public companies and turned down acquisition offers with higher valuations.However, since establishing ties with the Trump family crypto project, AI Financial's stock price has fallen by over 90%, reflecting ongoing market skepticism toward the "crypto reserve public company" model.This transaction has also reignited controversy over insider transactions and governance structures within public companies. Similar cases have frequently emerged in the crypto industry recently, with multiple listed companies criticized for mixing assets with related-party transactions, raising investor concerns about the risks of conflicts of interest. (Fortune)
According to a March 2026 report by Forbes journalists Dan Alexander and Kyle Khan-Mullins, Forbes’ latest estimate places Donald Trump’s net worth at approximately $6.5 billion—up roughly $1.4 billion over the past year. This growth stems primarily from four areas: (1) cryptocurrency-related ventures contributed about $1.8 billion in total, including memecoins, World Liberty Financial tokens, and the stablecoin USD1; (2) legal victories eliminated approximately $500 million in debt; (3) overseas licensing operations appreciated by around $400 million, driven by developers across multiple countries rushing to partner with a sitting U.S. president; and (4) golf clubs and resorts—including Mar-a-Lago—saw their combined valuation rise to roughly $1.5 billion. Offsetting this growth was a decline of about $1.3 billion in the valuation of Trump Media, the parent company of Truth Social, which generated only $3.7 million in revenue in 2025 while posting a net loss of $712 million. Forbes notes that, as much of Trump’s second term remains ahead, his wealth may continue to grow.
According to The Block, Jaret Seiberg, Managing Director of the Washington Research Group at investment bank TD Cowen, stated that stablecoin yield issues are not the sole obstacle to the passage of the Clarity Act—and cited the following five additional hurdles: 1. A severe shortage of Commodity Futures Trading Commission (CFTC) commissioners: only Chairman Michael Selig remains in office, and the process to appoint new commissioners could take several months, while the bill must complete its review by the end of July; 2. Complex regulatory questions surrounding prediction markets—including concerns about insider trading and potential conflicts of interest involving the Trump family—which may prompt Democratic lawmakers to withdraw their support via related amendments; 3. Ongoing controversy surrounding World Liberty Financial, a cryptocurrency project affiliated with the Trump family, increasing political resistance from Democrats toward supporting the bill; 4. Reports indicating Iran is discussing requiring vessels transiting the Strait of Hormuz to pay tolls in cryptocurrency—a development that could trigger contentious anti-money laundering (AML) amendments, potentially serving as a “poison pill” for the bill; 5. Risk that the Credit Card Competition Act could be attached to the Clarity Act, jeopardizing the entire bill’s progress. Regarding stablecoin yield issues, Senator Thom Tillis indicated that the Senate Banking Committee will not vote on the bill until as early as May. TD Cowen maintains its assessment that the bill has approximately a one-in-three chance of passing this year, while Galaxy Digital estimates the probability at roughly 50%.
Odaily News Investment bank TD Cowen stated that disagreements surrounding the "CLARITY Act" extend far beyond the issue of stablecoin revenue, with multiple practical obstacles potentially slowing down the legislative process.First, the Commodity Futures Trading Commission is understaffed, currently with only one commissioner in office. Under these circumstances, Congress is unlikely to confidently assign more cryptocurrency regulatory responsibilities to the agency, and filling the personnel vacancies alone would require several months.Second, the issue of prediction markets is heating up. Whether to include them under the bill's regulatory scope, along with potential concerns about insider trading and political conflicts of interest (including controversies related to Trump-affiliated projects), could cause some Democratic lawmakers to oppose the bill.Simultaneously, the ongoing controversy surrounding the Trump family's crypto project, World Liberty Financial, is also increasing the bill's political sensitivity, making bipartisan consensus more difficult to achieve.Geopolitics has also become a variable. Discussions regarding Iran's potential use of cryptocurrency payments are intensifying focus on anti-money laundering provisions and could even lead to the introduction of amendments unfavorable to the industry.Furthermore, some lawmakers are attempting to incorporate the "Credit Card Competition Act" into the bill. If pursued, this could trigger new conflicts of interest, further impeding the overall legislative progress.
In his response, Witkoff clarified the following points one by one: First, WLFI has absolutely no connection with the TRUMP meme coin—these two should not be conflated. Second, WLFI is unrelated to “fight fight fight” or CIC Digital. Third, early WLFI holders purchased the token at prices of $0.015 and $0.05, respectively; its current price stands at $0.08. Fourth, WLFI’s core product is not transaction fees, but rather the stablecoin USD1, which generates yield by holding U.S. Treasury securities. By both trading volume and market capitalization, USD1 is currently the world’s second-largest compliant stablecoin.
According to the official announcement, Binance has now completed the integration of USDC on the Starknet network and World Liberty Financial USD (USD1) on the AB chain, and deposits and withdrawals are now available.
According to a Reuters report, Nobitex—the largest cryptocurrency exchange in Iran—has processed at least approximately $2.3 billion in funds via the Tron and BNB Smart Chain networks since 2023. Some of these funds originated from the Central Bank of Iran (CBI), which is under U.S. sanctions, and are linked to other sanctioned entities, including the Islamic Revolutionary Guard Corps (IRGC), Hamas, and Hezbollah. Data from blockchain analytics firms Arkham and Elliptic, along with insights from multiple analysts, indicate that related transactions on Tron alone exceeded $2 billion, while those on BNB Smart Chain totaled approximately $317 million; tens of millions of dollars continued flowing even after hostilities erupted. The report notes that Tron was founded by Justin Sun, and BNB Smart Chain was launched by Binance; both blockchains intersect financially and governance-wise with World Liberty Financial—a crypto project led by Donald Trump. Since its founding in 2018, Nobitex’s sanctioned-related transactions have cumulatively amounted to at least approximately $366 million.
According to the official announcement, Binance has now completed the integration of USDC on the Starknet network and World Liberty Financial USD (USD1) on the AB chain, and deposits and withdrawals are now available.
World Liberty Financial has initiated a token unlocking governance proposal vote, involving 62,282,252,205 locked WLFI tokens. According to the proposal, if passed, the relevant tokens will not enter the market for at least two years.The proposal indicates that up to 45.2 billion WLFI held by the founding team, advisors, and partners will be subject to a 2-year lock-up followed by a 3-year linear unlock, along with a maximum burn of approximately 4.5 billion tokens. Meanwhile, approximately 17 billion locked tokens held by early supporters are proposed to be converted to a 2-year lock-up followed by a 2-year linear unlock. The voting period for this proposal is 7 days, with a quorum threshold of 1 billion WLFI.
According to The Block, Jaret Seiberg, Managing Director of the Washington Research Group at investment bank TD Cowen, stated that stablecoin yield issues are not the sole obstacle to the passage of the Clarity Act—and cited the following five additional hurdles: 1. A severe shortage of Commodity Futures Trading Commission (CFTC) commissioners: only Chairman Michael Selig remains in office, and the process to appoint new commissioners could take several months, while the bill must complete its review by the end of July; 2. Complex regulatory questions surrounding prediction markets—including concerns about insider trading and potential conflicts of interest involving the Trump family—which may prompt Democratic lawmakers to withdraw their support via related amendments; 3. Ongoing controversy surrounding World Liberty Financial, a cryptocurrency project affiliated with the Trump family, increasing political resistance from Democrats toward supporting the bill; 4. Reports indicating Iran is discussing requiring vessels transiting the Strait of Hormuz to pay tolls in cryptocurrency—a development that could trigger contentious anti-money laundering (AML) amendments, potentially serving as a “poison pill” for the bill; 5. Risk that the Credit Card Competition Act could be attached to the Clarity Act, jeopardizing the entire bill’s progress. Regarding stablecoin yield issues, Senator Thom Tillis indicated that the Senate Banking Committee will not vote on the bill until as early as May. TD Cowen maintains its assessment that the bill has approximately a one-in-three chance of passing this year, while Galaxy Digital estimates the probability at roughly 50%.
Sun Yuchen has recently filed a lawsuit against World Liberty Financial in the U.S. District Court for the Central District of California to protect his legitimate rights and interests as a $WLFI token holder. Sun stated that the World Liberty project team unilaterally froze all his tokens, stripped him of his voting rights on governance proposals, and threatened to permanently “burn” his tokens—without providing any reasonable explanation. He emphasized that he had repeatedly attempted to resolve the dispute through non-litigious means, but the project team refused to unfreeze his tokens or restore his rights as a token holder, leaving him with no choice but to pursue legal action. Additionally, Sun explicitly opposes World Liberty’s new governance proposal released on April 15. Under this proposal, token holders who do not actively accept its terms will have their tokens locked indefinitely; early purchasers’ tokens are subject to a two-year lock-up period followed by a two-year vesting schedule. As Sun’s tokens remain frozen, he is currently unable to vote on this proposal.
According to a CoinGecko report, the cryptocurrency market continued its bearish trend in Q1 2026, with total market capitalization declining by 20.4% (approximately $622 billion) to $2.4 trillion—down roughly 45% from its October 2025 peak. Key drivers of the downturn included tightened monetary policy expectations following Kevin Warsh’s nomination as Federal Reserve Chair and geopolitical shocks stemming from the U.S.-Iran war. The stablecoin market remained broadly stable, with total market capitalization rising slightly to $309.9 billion. USDT’s supply declined for the first time since Q2 2022, falling to $184.1 billion; USDC grew 2.4% to $77.1 billion; and USD1—issued by WLFI—rose 32.5%, boosted by Binance’s airdrop campaign. In terms of asset performance, crude oil prices surged 76.9% due to supply disruptions caused by the U.S.-Iran war, making it the strongest-performing asset this quarter; gold rose 8.1%; while Bitcoin fell 22.0%, underperforming both the Nasdaq (-7.1%) and the S&P 500 (-4.8%). Regarding trading volume, spot trading volume across top centralized exchanges dropped 39.1% to $2.7 trillion; March volume totaled just $0.8 trillion—the lowest since November 2023. Binance maintained a 37.0% market share. Among decentralized exchanges, Solana retained leadership with a 30.6% share—but was overtaken by Ethereum in March.
Odaily News In response to the token unlock proposal released by WLFI yesterday, Sun Yuchen once again posted a critique, stating: "This is 'World Tyranny,' not 'World Free Finance.' This proposal is packaged as a 'governance alignment signal' and a 'long-term commitment,' but stripping away the packaging reveals one of the most absurd governance scams I have ever seen. I will explain point by point."Sun Yuchen further elaborated that the proposal has five major points of controversy, including:1. Opposing means being penalized—a classic coercive tactic;2. Voters have been selectively frozen;3. All actual power has been usurped by anonymous individuals;4. Voters must use real names, while the rulers remain anonymous—worse than tyranny;5. A blatant violation of property rights involving billions of dollars.Sun Yuchen concluded by saying: "I call on all WLFI holders to recognize the true nature of this proposal, express opposition on all public channels, and reserve all legal rights to pursue claims."Recommended Reading: Good news, your WLFI is about to unlock; Bad news, you have to wait until Trump retires first
Odaily AI Financial (formerly Alt5 Sigma), a publicly listed crypto company linked to the family of U.S. President Donald Trump, has announced it will acquire crypto infrastructure startup Block Street for up to $43 million. Block Street was founded by Matthew Morgan, who currently serves as an advisor to AI Financial and is also its CEO and largest shareholder.According to a filing with the U.S. Securities and Exchange Commission (SEC), the deal was reached last Monday. Block Street was registered in October 2025, but Morgan stated that its business operations had started about 16 months prior.The acquisition has raised market concerns about potential conflicts of interest, as Morgan is both an advisor to AI Financial and the founder of the acquired company. He was briefly nominated for the position of Chief Investment Officer in a previous cooperation deal between AI Financial and World Liberty Financial, but the role was later adjusted to an unpaid advisor position.In August, AI Financial reached an agreement with World Liberty Financial to include approximately $1.5 billion in crypto assets on its balance sheet, in exchange for equity and a board seat. This collaboration also positioned the company as part of the "Trump family crypto ecosystem."In interviews, Morgan has denied that the transaction constitutes self-dealing, stating that Block Street focuses on tokenization and ICO infrastructure capabilities, areas AI Financial is looking to enter. He claimed to have pitched the asset to several other public companies and turned down acquisition offers with higher valuations.However, since establishing ties with the Trump family crypto project, AI Financial's stock price has fallen by over 90%, reflecting ongoing market skepticism toward the "crypto reserve public company" model.This transaction has also reignited controversy over insider transactions and governance structures within public companies. Similar cases have frequently emerged in the crypto industry recently, with multiple listed companies criticized for mixing assets with related-party transactions, raising investor concerns about the risks of conflicts of interest. (Fortune)
According to the official announcement, Binance has now completed the integration of USDC on the Starknet network and World Liberty Financial USD (USD1) on the AB chain, and deposits and withdrawals are now available.
According to Lookonchain monitoring, an address associated with World Liberty Financial (WLFI) sold 8,500 ETH at approximately $2,268 about 8 hours ago, exchanging them for about $19.27 million USDC. Subsequently, the address repaid all loans and withdrew all funds from Aave.
World Liberty Financial has initiated a token unlocking governance proposal vote, involving 62,282,252,205 locked WLFI tokens. According to the proposal, if passed, the relevant tokens will not enter the market for at least two years.The proposal indicates that up to 45.2 billion WLFI held by the founding team, advisors, and partners will be subject to a 2-year lock-up followed by a 3-year linear unlock, along with a maximum burn of approximately 4.5 billion tokens. Meanwhile, approximately 17 billion locked tokens held by early supporters are proposed to be converted to a 2-year lock-up followed by a 2-year linear unlock. The voting period for this proposal is 7 days, with a quorum threshold of 1 billion WLFI.
According to a Reuters report, Nobitex—the largest cryptocurrency exchange in Iran—has processed at least approximately $2.3 billion in funds via the Tron and BNB Smart Chain networks since 2023. Some of these funds originated from the Central Bank of Iran (CBI), which is under U.S. sanctions, and are linked to other sanctioned entities, including the Islamic Revolutionary Guard Corps (IRGC), Hamas, and Hezbollah. Data from blockchain analytics firms Arkham and Elliptic, along with insights from multiple analysts, indicate that related transactions on Tron alone exceeded $2 billion, while those on BNB Smart Chain totaled approximately $317 million; tens of millions of dollars continued flowing even after hostilities erupted. The report notes that Tron was founded by Justin Sun, and BNB Smart Chain was launched by Binance; both blockchains intersect financially and governance-wise with World Liberty Financial—a crypto project led by Donald Trump. Since its founding in 2018, Nobitex’s sanctioned-related transactions have cumulatively amounted to at least approximately $366 million.
According to The Block, Jaret Seiberg, Managing Director of the Washington Research Group at investment bank TD Cowen, stated that stablecoin yield issues are not the sole obstacle to the passage of the Clarity Act—and cited the following five additional hurdles: 1. A severe shortage of Commodity Futures Trading Commission (CFTC) commissioners: only Chairman Michael Selig remains in office, and the process to appoint new commissioners could take several months, while the bill must complete its review by the end of July; 2. Complex regulatory questions surrounding prediction markets—including concerns about insider trading and potential conflicts of interest involving the Trump family—which may prompt Democratic lawmakers to withdraw their support via related amendments; 3. Ongoing controversy surrounding World Liberty Financial, a cryptocurrency project affiliated with the Trump family, increasing political resistance from Democrats toward supporting the bill; 4. Reports indicating Iran is discussing requiring vessels transiting the Strait of Hormuz to pay tolls in cryptocurrency—a development that could trigger contentious anti-money laundering (AML) amendments, potentially serving as a “poison pill” for the bill; 5. Risk that the Credit Card Competition Act could be attached to the Clarity Act, jeopardizing the entire bill’s progress. Regarding stablecoin yield issues, Senator Thom Tillis indicated that the Senate Banking Committee will not vote on the bill until as early as May. TD Cowen maintains its assessment that the bill has approximately a one-in-three chance of passing this year, while Galaxy Digital estimates the probability at roughly 50%.