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Trump Family Crypto Bank Secures 49% Stake Backing from Abu Dhabi's "Spy Sheikh"

According to The Wall Street Journal, UAE National Security Adviser Sheikh Tahnoon bin Zayed Al Nahyan and his co-investors hold the largest stake of 49% in a newly established banking holding company for World Liberty Financial, the cryptocurrency venture backed by the Trump family. The Sheikh previously acquired a 49% stake in World Liberty Financial last year for $500 million. World Liberty Financial is currently actively preparing to launch its banking operations.

Trump-related crypto projects have caused investors at least $4.7 billion in losses, Public Citizen says

Odaily News - U.S. President Donald Trump and his family have caused investors at least $4.7 billion in losses through digital asset projects since 2022. Consumer rights advocacy nonprofit Public Citizen stated that the related projects include the World Liberty Financial governance token, NFT trading cards, Official Trump (TRUMP), and Trump Media's digital asset reserve.Among these, TRUMP investors lost approximately $3.2 billion, while USD1 stablecoin investors did not suffer significant losses. Public Citizen noted that the losses from TRUMP primarily reflect a transfer of wealth to a small number of early buyers, rather than funds disappearing outright. Donald Trump also earned $7.2 million from NFT licensing fees and royalties, as well as over $600 million from World Liberty token sales and equity sales.Public Citizen also called for adding ethical standards to the Digital Asset Market Clarity Act (CLARITY Act), requiring the U.S. President and his family to withdraw from related industry projects. Trump met with crypto company executives last week and called for passing a "fair version" of the bill. The Senate is scheduled to vote on a procedural motion on September 15, and advancing the bill requires support from at least 60 senators. (Cointelegraph)

Volcengine provides end-to-end data infrastructure for embodied AI companies.

Volcengine unveiled its embodied AI solution at the 2026 World Robot Conference, providing end-to-end closed-loop data capabilities spanning data collection, processing, annotation, management, simulation, and training. Yang Liwei, Vice President of Volcengine, stated that the company is advancing the engineering deployment of core scenarios in partnership with the Seed team. Currently, 15 of China's top 20 embodied AI companies by valuation have established deep collaborations with Volcengine, including Shangwei New Materials, Xinghaitu, Qianxun Intelligence, Zibianliang, Daxiao Robotics, Qiongte Intelligence, and Jubrao Panshi.

World Liberty Financial natively launches USD1 on Canton Network

The Trump family's World Liberty Financial announced the native deployment of the USD1 stablecoin on Canton Network, enabling cross-chain interoperability without bridges.

WLFI: USD1 Market Cap Exceeds $4 Billion, Market Performance Refutes "Cronyism" Allegations

According to CNBC, World Liberty Financial, the Trump family-backed crypto project, stated that the rapid growth and genuine market demand for its USD1 stablecoin have refuted external claims that the project primarily relies on political connections for development. The circulating supply of USD1 currently exceeds $4 billion.

Trump Family-Backed World Liberty Financial Receives Preliminary Approval for U.S. National Trust Bank Charter

According to Bloomberg, the Trump family-backed cryptocurrency project World Liberty Financial has received preliminary conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) for a national trust bank charter, with plans to establish World Liberty Trust Company. Upon final approval, the institution will be able to directly issue and redeem the stablecoin USD1, manage its reserve assets, and provide digital asset custody services.

PeaqOS Integrates World ID, Introducing Zero-Knowledge Proof Verification for Autonomous Robots

Odaily News: On August 21, 2026, PeaqOS integrated World ID, allowing robots and machines operating on PeaqOS to natively request and verify World ID proofs via robotic.sh, confirming that the interacting party is a real and unique human—without collecting names, facial information, or other personal data.The system employs zero-knowledge proofs, meaning machines receive cryptographic proof that the user is a real human, rather than identity information. As a coordination layer, PeaqOS connects to World ID through decentralized identifiers (DIDs) and machine markets, recording auditable interaction logs.This solution can be applied in scenarios such as autonomous delivery, shared machines, and pharmaceutical delivery. Users can verify multiple times in the World App and during the delivery process, allowing robots to confirm that the recipient is the same person associated with the order. PeaqOS also plans to extend zero-knowledge verification to more DePIN projects. (Bitcoin.com News)

Robinhood CEO: The World Is Entering a Tokenization Supercycle, Urging U.S. Regulators to Accelerate Adaptation to Tokenized Markets

Odaily News, Robinhood CEO Vlad Tenev posted on X platform stating that the world is in the early stages of a "tokenization supercycle." The significance of tokenization is not simply moving stocks onto the blockchain, but rather rebuilding the infrastructure for asset ownership, enabling assets to flow as freely as information on the internet.Tenev stated that within just over a month of its launch, Robinhood Chain has completed 100 million transactions. Its Stock Tokens have provided users in over 120 countries with economic exposure to more than 190 U.S. stocks, backed 1:1 by the underlying shares, but are not yet available to U.S. users. He believes that as the regulatory framework gradually matures, we expect token design to continue evolving, including the emergence of tokenized equity that carries the full rights of traditional stocks in the future.At the end of his post, he urged the U.S. regulatory framework to accelerate its adaptation to the tokenized market and stated that listed stocks are just the starting point. Assets with more restricted liquidity and access, such as equity in private companies, could become an important direction in the next phase.

World Liberty calls WorldClaw an independent company but did not disclose potential financial relationships between the two parties.

According to CoinDesk, the Trump family-linked crypto project World Liberty Financial stated that it does not own, operate, or control the Hong Kong artificial intelligence platform WorldClaw, which only uses its stablecoin USD1 as a payment channel. WorldClaw provides developers with access to multiple AI models through WorldRouter, supports payments using USD1, and some plans can be accessed by locking WLFI tokens.

RWA DeFi Deposits Surpass $3.98 Billion, 6x Growth in One Year

According to Cryptopolitan, data from the on-chain data platform DefiLlama shows that as of August 18, the active deposit size of Real World Assets (RWA) in DeFi protocols has reached $3.98 billion, representing an approximately 6-fold increase compared to $651 million a year ago; three years ago, this figure was only $12 million. The current total issuance of tokenized RWA is $34.55 billion, but the actual on-chain utilization rate is only about 11.5%. Of this, private credit accounts for over half of the active total with $2.13 billion, bonds contribute $799 million, and reinsurance contributes $406 million. In contrast, the utilization rate of tokenized treasury bonds is extremely low—BlackRock BUIDL issuance reaches $2.74 billion, but on-chain deployment is only $18 million, with a utilization rate of only 0.66%; Franklin Templeton BENJI utilization rate is zero. Analysis points out that such products are designed specifically for institutional cash management, where holders pursue treasury yields rather than lending capabilities; tokenization only improves settlement efficiency and does not convert them into collateral.

OCC conditionally approves Trump family-linked crypto firm World Liberty Financial's trust bank charter application

The Office of the Comptroller of the Currency (OCC) has conditionally approved World Liberty Financial's application for a national trust bank charter, subject to regulatory and policy requirements. Upon approval, the company may operate under the name World Liberty Trust Company, National Association. World Liberty Financial's application documents show that the bank plans to issue USD-backed stablecoins and custody digital assets related to its USD1 token. U.S. President Donald Trump and his three sons are all affiliated with the company, with Trump family entities holding a 38% stake. Senator Elizabeth Warren, along with nine other senators, introduced the Terminating Presidential Banking Corruption Act following the approval. Elizabeth Warren stated that the OCC's move represents one of the most blatant conflicts of interest in the U.S. financial system. In January 2025, an Abu Dhabi investment company backed by UAE National Security Advisor Sheikh Tahnoon bin Zayed Al Nahyan purchased a 49% stake in World Liberty for $500 million. Another UAE entity, MGX, previously used USD1 to invest $2 billion in Binance. (Cointelegraph)

OCC conditionally approves Trump-backed World Liberty National Trust bank application

Odaily News The Office of the Comptroller of the Currency (OCC) on Friday granted initial conditional approval to World Liberty Trust Company, National Association, bringing Trump-backed World Liberty Financial one step closer to obtaining a national trust bank charter.In its letter, the OCC stated that World Liberty's charter application met certain regulatory and policy requirements, leading to the initial conditional approval. However, this does not constitute final approval, and the OCC may still rescind the approval.Earlier this year, World Liberty Financial established a new trust company with the aim of applying for a bank charter from the OCC. The company has previously stated that the charter would support its provision of services including stablecoin issuance and redemption, fiat on/off ramps, custody, and exchange. WLF currently issues the stablecoin USD1, which has a market cap of approximately $4 billion, making it the fourth-largest stablecoin after Tether and USDC.WLF CEO Zack Witkoff said on X on Friday that the company aims to build "the world's most trusted and widely used digital dollar" while strengthening the dollar's role in the global economy. Zack Witkoff is the son of Trump's Middle East envoy Steve Witkoff. Overall, this approval could further strengthen WLF's position in the U.S. stablecoin and digital asset banking infrastructure, though its political ties may continue to raise regulatory and ethical concerns.

Trump Supports World Liberty Obtaining Conditional Bank Charter from Federal Regulators

The U.S. Office of the Comptroller of the Currency granted World Liberty Trust Co. preliminary conditional approval. The company may operate national trust banking business.

Solana ecosystem prediction market World officially supports Hyperliquid

Odaily News: World has announced official support for Hyperliquid.

Independent Organization Zcash Labs Launches, Focusing on Driving ZEC Enterprise Adoption and Real-World Application Implementation

The independent organization Zcash Labs officially launched on Wednesday, aiming to help enterprises overcome obstacles in adopting the privacy cryptocurrency Zcash (ZEC). Its early work focus includes providing technical integration and support, as well as funding projects that help expand real-world use cases for ZEC.

Trump family-backed WLFI receives $100 million token investment, funds traced to Guren "Bobby" Zhou, a subject of a UK money laundering investigation

Odaily News: UAE-based foundation Aqua1 Foundation purchased $100 million worth of governance tokens from decentralized finance project World Liberty Financial (WLFI) on June 26, marking the largest single publicly disclosed purchase of the token to date. The funds trace back to Chinese businessman Guren "Bobby" Zhou, with up to $75 million flowing to entities linked to the Trump family and World Liberty Financial co-founder Zach Witkoff. WLFI tokens confer governance and voting rights and do not represent equity in the company. Zhou was arrested in the UK in March 2021 on suspicion of money laundering, with UK law enforcement investigations still ongoing as of late July 2026. Two of his long-time employees were indicted in September 2025, one of whom has pleaded guilty, with trial scheduled for 2028. Zhou has not yet been formally charged. Zhou met with Eric Trump in Dubai to discuss the investment and described it as participation in the "Trump family's crypto project." The source of the $100 million Aqua1 used to purchase WLFI remains unclear, and public information does not indicate any direct link between these specific funds and money laundering activities. (Bitcoin.com News)

Gate Alpha Zone Meme coin MARVIN (7777) surges nearly 30% in 24 hours

Odaily News: According to official sources, the Gate Alpha Zone Meme coin MARVIN (7777) has risen 29.98% over the past 24 hours. MARVIN is one of Musk's pet dogs, with a birthday on November 1st. Musk has posted about the dog multiple times and even celebrated its birthday on November 1, 2023. Users can trade it seamlessly with one click on Gate Alpha.Gate Alpha now supports public chains including SOL, ETH, Gate Layer, BSC, Base, SUI, ARB, World Chain, AVAX, Polygon, LINEA, ZK, OP, Robinhood, and Berachain, and enables frictionless cross-chain token trading via a contract address search function.

Standard Chartered: RWA Tokenization Could Reach $4 Trillion, LINK May Rise to $200 by End of 2030

Odaily News: Standard Chartered Bank's Head of Global Digital Assets Research, Geoff Kendrick, stated that as the tokenization of Real World Assets (RWA) accelerates, the price of Chainlink (LINK) tokens could rise to $200 by the end of 2030, representing an increase of over 25 times from its current level of approximately $8.In his latest report, Kendrick predicts that the scale of tokenized RWA will reach $4 trillion by the end of 2028. As more traditional assets are brought on-chain, the demand for secure and reliable off-chain data is expected to increase significantly, which could further boost Chainlink's fee revenue and drive up LINK's valuation.The report also projects that by the end of 2030, the scale of tokenized assets and crypto-native assets deployed in decentralized finance (DeFi) will grow approximately 37-fold to reach $2.7 trillion. Kendrick believes these assets require trusted data, cross-network interoperability, privacy-preserving compliance mechanisms, and integration with the existing financial system—infrastructure that Chainlink currently has the capability to provide.Demand for RWA tokenization has continued to grow recently. Data shows that trading volume of tokenized RWAs on decentralized exchanges (DEXs) hit an all-time high of $14.1 billion in July, up 19.5% month-over-month, driven primarily by public market assets such as tokenized stocks.Currently, Chainlink remains one of the largest decentralized oracle service providers in the crypto industry, with a Total Value Secured (TVS) of approximately $34.4 billion—significantly higher than second-ranked Chronicle's $7.36 billion.However, Kendrick also noted that the prediction of LINK reaching $200 still faces risks, including institutional tokenization projects progressing slower than expected, intensified competition from specialized oracle service providers, and potential technical issues. (Cointelegraph)

Data: Trump Family-Linked Stablecoin USD1 Surpasses $50 Billion in Cumulative Trading Volume on Binance

Odaily News: CryptoQuant analyst Darkfost posted on platform X, stating that the cumulative trading volume of the Trump family-linked stablecoin USD1 on Binance has surpassed $50 billion. Data shows that since its launch over a year ago, USD1 has experienced rapid growth in trading scale. The stablecoin was launched by World Liberty Financial in March 2025, a project co-founded with the participation of the Trump family. USD1 is primarily backed by U.S. dollars and short-term U.S. Treasury assets, and adopts an institutional-oriented compliance framework. Currently, the market cap of USD1 has exceeded $4 billion.

World Chain will launch EIP-7928 block access list feature on August 17

: World Chain will launch full block access lists on mainnet on August 17, enabling the feature via a runtime flag without requiring a coordinated network-wide hard fork. The network stated that it will become the first production L2 network to stream EIP-7928 access list data within every flashblock. The feature transmits access list data every 200 milliseconds, allowing validators to verify transactions in parallel during block construction. World Chain stated that the upgrade aims to achieve throughput of up to 1 gigagas per second without raising validator hardware requirements. EIP-7928 is an Ethereum improvement proposal that introduces block-level access lists, used to record accounts and storage slots touched during block execution. World Chain's internal testing shows that validation latency remains stable when throughput rises to 1 gigagas per second on standard cloud infrastructure.