Trump-linked WLFI's Zak Folkman teases forex platform at Consensus Hong Kong
Analysis
Price Impact
HighWorld liberty financial (wlfi), a trump-linked crypto project, is expanding its ecosystem with the launch of a foreign exchange platform, world swap, and a lending platform, world liberty markets, built around its usd1 stablecoin. this significant expansion of utility aims to simplify cross-border transfers and challenge traditional remittance providers, potentially attracting substantial user adoption and capital.
Trustworthiness
HighThe information comes from zak folkman, a co-founder of wlfi, speaking at consensus hong kong, a major industry event. the report is from coindesk, a reputable crypto news source, and includes corroborating details like previously spotted trademark registrations.
Price Direction
BullishThe launch of new platforms like world swap and world liberty markets, along with the strategic focus on a full-stack financial ecosystem around usd1, significantly increases the utility and potential demand for wlfi and its stablecoin. challenging high-fee remittance services could attract a large user base, driving value to the project's tokens.
Time Effect
LongBuilding out a comprehensive financial ecosystem and gaining significant market share in the cross-border transfer and lending sectors is a long-term process. while initial announcements might generate short-term interest, the full impact of user adoption and network effects will unfold over an extended period.
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Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Trump-linked WLFI's Zak Folkman teases forex platform at Consensus Hong Kong Folkman says more details will be revealed soon at an event at Mar-a-Lago By Sam Reynolds | Edited by Omkar Godbole Feb 12, 2026, 6:40 a.m. Make us preferred on Google Zak Folkman speaks at Consensus Hong Kong (CoinDesk) What to know : World Liberty Financial, a Trump-family-linked crypto project, plans to launch a foreign exchange platform called World Swap as part of its USD1 stablecoin ecosystem. Co-founder Zak Folkman said World Swap aims to simplify cross-border transfers and challenge traditional remittance providers that charge fees of 2% to 10% per transaction. The company is building a broader financial stack around its cash-backed USD1 stablecoin, including the recently launched World Liberty Markets lending platform, which has attracted hundreds of millions of dollars in deposits. WLFI $ 0.1031 , the Trump-family-linked crypto project, will soon launch a foreign exchange platform called World Swap, its co-founder, Zak Folkman, said on stage at Consensus Hong Kong. The forex teaser adds to a growing list of products orbiting the project’s USD1 stablecoin as the project positions itself as a full-stack financial ecosystem, with further announcements expected at a Mar-a-Lago event later this month. STORY CONTINUES BELOW Don't miss another story. Subscribe to the Crypto Daybook Americas Newsletter today . See all newsletters Sign me up By signing up, you will receive emails about CoinDesk products and you agree to our terms & conditions and privacy policy . Speaking on stage, Folkman said the company’s goal is to abstract away much of the complexity associated with crypto wallets and cross-border transfers, allowing users to send and receive digital dollars in a manner similar to popular payment apps. He framed the planned foreign exchange service as a direct challenge to traditional remittance providers that often charge fees ranging from 2% to 10% per transaction. The company’s broader strategy centers on USD1, a dollar-pegged stablecoin that Folkman said is backed by cash and cash equivalents. Folkman also highlighted the launch of World Liberty Markets , a lending platform that has attracted hundreds of millions of dollars in deposits within weeks of going live, and partnerships with decentralized finance protocols to increase the token’s utility. In late January, Crypto Twitter users had spotted AMG Software Solutions LLC, a Puerto Rico-based company that owns WLFI's intellectual property, had registered trademarks related to World Swap. WLFI World Liberty Financial Consensus Hong Kong 2026 More For You Strategy's STRC returns to $100, poised to unlock more bitcoin accumulation By James Van Straten | Edited by Oliver Knight 3 hours ago The perpetual preferred STRC hits $100 par amid bitcoin downturn, enabling potential further BTC purchases for the company. What to know : Stretch (STRC) reclaimed its $100 par value for the first time since mid-January, a move that enables Strategy (MSTR) to resume at-the-market offerings for additional bitcoin purchases. The preferred equity stabilized near par despite recent bitcoin volatility, supported by a monthly dividend rate that Strategy recently increased to 11.25%. Read full story Latest Crypto News UK appoints HSBC for blockchain bond pilot 54 minutes ago Cardano founder Charles Hoskinson says Midnight won't chase Monero, ZCash users 1 hour ago Strategy's STRC returns to $100, poised to unlock more bitcoin accumulation 3 hours ago Last week's rout delivered bitcoin's biggest realized loss ever; bottoming signals grow 3 hours ago Privacy-focused Midnight blockchain to go live next month, says Cardano's Charles Hoskinson 4 hours ago How CertiK rebuilt trust after Huione-related backlash 4 hours ago Top Stories Charles Hoskinson confirms deal to onboard LayerZero on Cardano 4 hours ago SEC's Paul Atkins grilled on crypto enforcement pull-back, including with Justin Sun, Tron 12 hours ago Institutional crypto platform BlockFills reportedly halts withdrawals, restricts trading 13 hours ago BlackRock exec says 1% crypto allocation in Asia could unlock $2 trillion in new flows 11 hours ago U.S. DOJ hits Paxful for $4 million in case tied to illegal sex work, money laundering 11 hours ago Why crypto VCs at Consensus Hong Kong are playing a 15-year game 13 hours ago