At the Permissionless conference, Zak Folkman, co-founder of World Liberty Financial, spoke about the increased interest in WLFI token among public companies, which are considering it as a treasury asset.
WLFI Token and Its Popularity
During his speech on June 25 at the Permissionless conference in New York, Zak Folkman noted that WLFI token is attracting attention from public companies. He emphasized that they are considering adding WLFI to their corporate reserves. "There has been a lot of interest from several public vehicles who want to use WLFI to be held in their treasuries as well," said Folkman.
Impact of Michael Saylor's Strategy
Folkman also mentioned Michael Saylor's strategy, which he believes has paved the way for companies that previously showed no interest in cryptocurrencies to start accumulating digital assets on their balance sheets. Moreover, many companies have begun to accumulate not only fiat currency but also Bitcoin (BTC) as a hedge against inflation, while considering WLFI token.
Future Plans for World Liberty Financial
World Liberty Financial is set to release its first audit, which will provide details about the reserves backing its stablecoin USD1. Additionally, the project is developing a mobile app aimed at retail users, which will expand its audience.
The interest of public companies in WLFI token and the growing popularity of digital assets highlight a shift in the perception of cryptocurrencies in the corporate sector. World Liberty Financial continues to evolve, offering new opportunities for users.
