World Liberty Financial’s WLFI Token Gains More Than 3% On Robinhood Listing

The price of World Liberty Financial’s WLFI token rose as much as 3% in the last hour following its announcement that Robinhood has listed the cryptocurrency on its U.S. trading platform. 

Over the last 24 hours, the token has edged higher by 0.2% amid broader weakness in the cryptocurrency market, although retail sentiment on Stocktwits regarding the Trump-backed token has remained in ‘bearish’ territory over the past day.

WLFI is the deflationary token from the Trump family’s DeFi project, which aims to bridge traditional finance with decentralized finance. The token was trading at around $0.20 at the time of writing, with a market capitalization of $5.4 billion. WLFI’s price is down roughly 38% since launch, according to CoinGecko data.

The listing follows calls from Senators Elizabeth Warren and Elissa Slotkin on Wednesday for a probe into President Donald Trump, his family, and senior administration officials over potential ethics violations linked to World Liberty Financial.

In a letter to the acting inspector general of the Commerce Department, the acting director of the Office of Government Ethics, and the acting inspector general at the State Department, the lawmakers requested more information on the roles of White House AI and Crypto Czar David Sacks and U.S. Special Envoy to the Middle East Steve Witkoff in dealings with the United Arab Emirates. 

Witkoff’s son, Zach Witkoff, is CEO of World Liberty Financial. President Trump and his three sons are listed as co-founders of the company.

Earlier this month, WLFI launched on Gemini (GEMI) with support for its USD1 stablecoin. This week, which marks the Korean Blockchain Week, World Liberty Financial announced plans to roll out a debit card and a retail app.

Co-founder Zak Folkman said the app will integrate the USD1 stablecoin into everyday payments, including Apple Pay, while combining peer-to-peer transfers with trading features. The platform is designed to serve as the centerpiece of World Liberty’s push into consumer markets.

Read also: U.S. Jobless Claims Fall To 218,000 Last Week

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