The theoretical profits in billions of dollars reported by Strategy are exciting Bitcoin corporate treasuries. This equation is now open to other cryptocurrencies, for better or for worse. Should we expect the WLFI token from World Liberty Financial to arrive with a bang?
More and more corporate crypto treasuries
The development of the cryptocurrency sector is part of a succession of different fads that are more or less fleeting. And it’s fair to say that Bitcoin corporate treasuries are currently taking center stage.
An experiment conducted since 2020 by the company Strategy, which a few months ago became a possibility for all those hoping for an explosive stock market revival. This type of operation makes it possible to revive what its founder, Michael Saylor, calls “zombie companies” with moribund shares.
Recently, other cryptocurrencies have made a notable entry into the game. These operations do not always have positive consequences, if we are to believe, for example, the $500 million XRP project announced by Trident Digital, which led to an almost immediate collapse of its share price.
Then there is Justin Sun, founder of the Tron (TRX) network, and his Tron Treasury Company, whose structure has been described as “circular and risky.” This plan is clearly supported by the Trump family, who are determined to make their mark on the cryptocurrency sector. Perhaps even more than we might think.
World Liberty Financial (WLFI) in the starting blocks
Within the Trump family, the World Liberty Financial project is proving to be a financial success. Indeed, the profits generated by the sale of WLFI tokens are already in the tens, if not hundreds, of millions of dollars, to the point of raising the question of a legal block on this type of presidential dividend, which is too close to possible insider trading.
At the same time, the project’s co-founder, Zak Folkman, spoke at the Permissionless conference held in New York on Wednesday. It was an opportunity to mention the launch of a new financial application for World Liberty Financial, but also to highlight the apparently growing interest of companies in WLFI as a cash asset.
We are very close to Michael Saylor—we are big fans of everything he has done with Strategy and the way he has spread the idea of corporate crypto reserves. We have seen significant interest from public companies in holding WLFI in their treasuries.
Zak Folkman
However, one question arises with the announcement of this interest, which is being presented as significant. Is it an attraction to the potential of the WLFI token, in which Donald Trump has already sold a significant portion of his stake? Or could it be a charm offensive aimed at winning the favor of the President of the United States?
