Trump-Backed World Liberty Eyes Commodities and Tokenized Assets for USD1 Expansion

At the Token2049 conference in Singapore, World Liberty Financial signaled that its ambitions extend well beyond traditional stablecoins. CEO Zack Witkoff confirmed that the Trump-backed crypto venture is actively developing tokenized versions of commodities and other real-world assets, positioning them to trade directly on-chain.

“We’re not just considering it, we’re actively building it,” Witkoff told attendees, highlighting oil, gas, timber, and cotton as early targets for tokenization. The strategy, he explained, is to pair such assets with USD1 — the project’s rapidly expanding dollar-backed stablecoin — to ensure trust and transparency in trading.

Since its debut, USD1 has surged into the top five global stablecoins with a market cap of about $2.7 billion. Alongside USD1, World Liberty also operates its governance token WLFI, which Witkoff described as “the voice of the people.” The company has further announced that USD1 will launch on Aptos, marking the stablecoin’s first expansion to a Move-based blockchain.

Beyond tokens, World Liberty is rolling out a broader ecosystem. A branded debit card is slated for release between late 2025 and early 2026, with a dedicated wallet and mobile app also in development.

Donald Trump Jr., co-founder of World Liberty and son of the U.S. President, emphasized the project’s global outlook: “It’s about creating a platform for the world to utilize, not just America.”

Witkoff reinforced that message, stressing that while the company is proud of its patriotic mission to “dollarize the world,” World Liberty is a business initiative, not a political organization.