World Liberty Financial announced its intention to create a publicly traded company that would hold WLFI tokens, aiming to raise approximately $1.5 billion.
Company Creation Plan
World Liberty Financial is developing plans to create a public company that will hold WLFI tokens. The initiative is expected to help raise around $1.5 billion. The company is currently in discussions with major investors from the technology and cryptocurrency sectors about potential financing.
This year, World Liberty Financial has already raised approximately $550 million through two public token sales.
World Liberty Treasury Strategy
The World Liberty treasury strategy represents an evolution in how crypto companies access traditional capital markets. The WLFI token was initially designed as non-transferable and limited to governance voting rights. However, a successful governance proposal in July 2025 approved making WLFI publicly tradable, opening new liquidity pathways for early investors.
The company also launched USD1, a dollar-backed stablecoin that reached $2.1 billion in circulation by April 2025.
Industry Risks and Implications
The World Liberty proposal reflects broader transformation in corporate finance, where companies increasingly view digital assets as strategic reserves. However, experts warn about potential risks from the rapid expansion of crypto treasury strategies.
Some researchers have drawn parallels between current crypto treasury enthusiasm and investment trust speculation in the 1920s. The success of treasury strategies critically depends on persistent equity premiums above net asset value, driven by continuously rising cryptocurrency prices.
World Liberty Financial, in its pursuit to create a publicly traded company, serves as an example of a changing landscape in the cryptocurrency world. While it opens up new opportunities, there are also significant risks for investors and the entire sector.