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Trump-Backed World Liberty Ethereum Token Debut: Here’s How It Played Out

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In brief

  • President Trump-backed World Liberty Financial debuted its Ethereum token for trading on Monday, and it’s already one of the most valuable coins by market cap.
  • At $7.6 billion, WLFI is the 30th largest token by market cap on CoinGecko.
  • Some early buyers of the token could today realize a gain of more than 1,700%.

The President Trump-backed DeFi project World Liberty Financial unlocked its Ethereum token for trading today, debuting as already one of the largest cryptocurrencies by market capitalization.

Just over two hours after the token became tradable, CoinGecko placed WLFI as the 30th largest cryptocurrency at an $7.6 billion market cap and $26.7 billion fully diluted valuation. The numbers on CoinMarketCap are slightly different, with the index currently placing WLFI as the 24th largest while having a $6.48 billion market cap and a $26.28 billion fully diluted valuation.

The WLFI token is currently trading for around $0.265, already marking a significant return for early whitelisted buyers of the token who initially purchased the coin at a price of $0.015 per token. That’s a gain of more than 1,700%.



Nevertheless, over $8.51 million worth of long positions on WLFI have been liquidated so far today, according to CoinGlass, as well as $3.85 million worth of shorts—totalling $12.36 million in liquidations over its slightly over four-hour lifespan. To put that in perspective, $6.77 million in leveraged Bitcoin positions were rekt in the past four hours.

“Big day—World Liberty Financial just launched the WLFI token,” Donald Trump Jr., World Liberty Financial co-founder, said on X. “This isn’t some meme coin, it’s the governance backbone of a real ecosystem changing how money moves. Freedom + finance + America FIRST. Home Team.”

On unlocks: Only a portion of tokens purchased from the public sale that were bought at $0.015 & $0.05 will unlock initially – this directly rewards our early retail believers and no one else. Plus, treasury tokens purely to seed liquidity. This keeps the community the main focus…

— WLFI (@worldlibertyfi) July 19, 2025

The debut follows a July vote in which WLFI governance token holders decided to allow for the token to become transferable and tradable. The token was originally sold as a non-transferable governance token and raised $550 million via two sets of sales, finalizing in March. Following the sale, there was a “strong demand” from early adopters to make the token tradeable, according to World Liberty Financial.

WLFI began trading on several major centralized exchanges—including Gate, Bybit, and Binance—on Monday, which happens to be Labor Day for those Americans who celebrate it.

On Myriad, a prediction market developed by Decrypt’s parent company Dastan, predictors are now debating how many green hourly candles the token will have within its first 69 hours of life. WLFI’s first candle was green and followed by a red candle. It appears that Myriad users currently believe a downward trend is likely, placing odds at 66% that there will be more red than green.

“Our team has always believed in American strength and leadership,” World Liberty Financial co-founder Eric Trump wrote on X. “We’re setting a new standard for financial freedom; built on trust, speed, and U.S. values. This is a huge moment for the future of money!”

We are now live!!!! Our team has always believed in American strength and leadership. With today’s @WorldLibertyFi’s $WLFI 🦅 token launch, we’re setting a new standard for financial freedom; built on trust, speed, and U.S. values. This is a huge moment for the future of money! pic.twitter.com/40yUOZkG5Q

— Eric Trump (@EricTrump) September 1, 2025

World Liberty Financial is a decentralized finance project—the sort that allows for the non-custodial trading of crypto assets without third-party intermediaries. The project brands itself as a crypto lending and borrowing service, but has yet to launch. 

The Trump-backed project has, however, already rolled out its dollar-pegged stablecoin USD1, which is the sixth largest stablecoin by market cap, according to CoinGecko. It was co-founded by nine individuals, according to its site, including President Trump, his three sons, and U.S. special envoy to the Middle East Steven Witkoff. 

President Trump disclosed in July that he has pocketed a handsome $57.3 million from the crypto venture. Combined with his meme coin dealings, Trump’s crypto ventures have led to uproar within U.S. politics as some lawmakers have loudly criticized the apparent conflicts of interest.

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AntGamer aiming at 1000 Hz monitor release in 2026
Product Reviews

Chinese eSports firm worked with AMD on 1,000 Hz gaming monitor primed for 2026 debut

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China’s AntGamer has teased the release of a 1,000 Hz eSports monitor in 2026. ITHome says that the upcoming superfast refresh display was discussed on stage at the ‘Peak New Products and Ecological Co-creation’ conference just ahead of the weekend. We also found some AntGamer Weibo posts covering the event.

(Image credit: AntGamer)

Refocussing back on the 1,000 Hz monitor, teased for 2026, and details are thin on the ground right now. What we can glean from the information at hand is that the upcoming screen will debut with the following key features:


You may like

  • 1,000 Hz refresh
  • TN panel technology
  • Local Dimming technology
  • Black Frame Insertion (BFI) technology

Just in case you aren’t familiar with BFI, we reviewed the Dough Spectrum Black 32 Ultra HD OLED Gaming Monitor back in April, which features this technology. However, we noted BFI was of greatest value at frame rates below 200fps.

AMD partnership on whitepaper

The Weibo postings also show some technical slides from the AntGamer ANT257PF presentation.

AntGamer says that it has published a technical white paper with AMD. “This afternoon, Ant Esports held a 1,000fps eSports press conference, jointly releasing a 1,000fps eSports white paper with AMD, along with the specs required for the corresponding games.”

Pixel peeping one of the slides, reproduced below, we see games supported at these ludicrous refresh rates include eSports staples CS2 and PUBG.

Unfortunately low-res slide from AntGamer’s Weibo post (Image credit: AntGamer)

Other slides highlight design considerations such as high-speed signal integrity, improvements to amorphous silicon semiconductor thin film materials, and adjustments to display cell construction/chemistry to optimize for “extremely fast response times.”

While most of the slides are associated with the newly launched 750 Hz model, we are pretty sure that the same technologies will apply to, or be built upon, for the upcoming 1,000 Hz display.

If you feel today’s monitors with frame rates commonly in the several hundred fps range are holding you back, then a 1,000 Hz panel might feature in your fevered dreams. However, most will want a sweet spot balance between the fastest performance and the best image quality, and there’s a growing selection of OLED gaming monitors with refresh rates of 240 Hz, 320 Hz, and even 480 Hz which arrived this year. Check those links for our reviews, and consider consulting our multiple monitor best picks guides.

Follow Tom’s Hardware on Google News, or add us as a preferred source, to get our up-to-date news, analysis, and reviews in your feeds. Make sure to click the Follow button!



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GameFi Guides

American Bitcoin Eyeing Nasdaq Debut in September: Reuters

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In brief

  • American Bitcoin is reportedly eyeing a Nasdaq debut in September.
  • The firm is 80% owned by Bitcoin miner Hut 8.
  • American Bitcoin owned 215 Bitcoin in June.

American Bitcoin, a Bitcoin miner that’s partially owned by two of U.S. President Donald Trump’s sons, is inching closer to its public debut, targeting September for a listing on the Nasdaq, according to Asher Genoot, CEO of Bitcoin miner Hut 8.

American Bitcoin’s merger with Gryphon Digital Mining is nearly completed, he told Reuters. Hut 8 owns 80% of American Bitcoin, while Eric Trump and his brother Donald Trump Jr. are expected to own 19% of the company that was unveiled in March.

The firm is striving to become one of the country’s largest Bitcoin miners, scaling up operations as the president pushes forward with his crypto-friendly regime. The stock is expected to trade under the ticker symbol ABTC.



Hut 8’s stock price rose 0.6% on Thursday to $26.51, according to Yahoo Finance. Year-to-date, the Miami-based firm’s share price has increased 29% from $21.10 in January.

Earlier this month, Genoot said during Hut 8’s second-quarter earnings broadcast that Gemini founders and Bitcoin billionaires Tyler and Cameron Winklevoss have invested in American Bitcoin. They decided to invest in the company with Bitcoin instead of cash, Genoot said.

Decrypt has reached out to Hut 8 and Gemini for comment.

Although American Bitcoin is expected to mine Bitcoin, it has also padded its balance sheet with Bitcoin purchases, according to filings with the U.S. Securities and Exchange Commission. The company has accumulated 215 Bitcoin, the firm signaled in June.

Bitcoin changed hands around $112,000 on Thursday, according to crypto data provider CoinGecko. That means that American Bitcoin’s stash would be worth around $24 million.

If it became a public company today, American Bitcoin would be the 30th largest publicly traded Bitcoin holder in the U.S., according to Bitcoin Treasuries. Hut 8 owns 10,667 Bitcoin worth $1.2 billion. The firm has held Bitcoin on its balance sheet since 2017.

Hut 8 raised $220 million last month to purchase Bitcoin and mining infrastructure, alongside its expansion into Dubai. The firm already has offices in Texas, New York, and Alberta, Canada.

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Five Years Ago, 'The Batman' Made Its Brutal, Moody Debut
Product Reviews

Five Years Ago, ‘The Batman’ Made Its Brutal, Moody Debut

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On August 22, 2020, Warner Bros. held its first-ever DC FanDome, a weekend-long virtual event meant to make up for that year’s San Diego Comic-Con, which was canceled due to the pandemic. If you’ve ever followed big industry events like the Game Awards or… well, Comic-Con, you know they often come with a big trailer or two that’s meant to make it all worth it. And for WB, the big showcase for its inaugural, short-lived event was the very first look at Matt Reeves’ The Batman.

Trailers for superhero movies have gradually become more and more of a big deal, whether they’re telegraphed in advance, leaked, or appear just out of the blue. The Batman already caught the internet’s eye with casting Twilight alum Robert Pattinson in the lead role, and excitement truly began to grow once Reeves showed the actor in his Batsuit and the most car-looking Batmobile in years.

It also didn’t hurt that this was the first solo Bat-movie in nearly a decade and technically the true start of WB’s plans to dabble around with a cinematic multiverse that kept this Batman in his own world away from other goings-on at the time.

Within 24 hours, that teaser amassed over 31 million views, and while those numbers are short in the grand scheme, it did its job in getting people talking about Batman again. If online circles weren’t discussing its darkness in comparison to the Nolan films, they were gushing over Colin Farrell’s makeup job as Penguin or listening to Nirvana’s “Something in the Way” on repeat. For a movie that was openly marketing itself back then as still in the works, it won enough of the internet over right away that they were willing to follow Reeves to hell if it meant getting to see this on the big screen.

Had things gone to plan, The Batman would’ve come out in June 2021, but the pandemic forced a readjustment. The Batman was a quarter into production when it was indefinitely paused for most of 2020, during which the film’s dialect coach Andrew Jack passed away from covid and Pattinson himself tested positive just days after work resumed again. As a result, things were basically radio silent until late 2021, when the film basically reintroduced itself with a new trailer that kept the mood and song but featured more bombast and a great idea of what the movie would be about. On just one of WB’s YouTube accounts, it’s gotten over 65 million views and closes on a shot that’ll likely define Reeves’ entire Batman tenure. If there were any doubts that people lost interest in this movie because of the pandemic, that second trailer sure proved that wrong.

Since that first trailer came and went, The Batman (which hit theaters March 4, 2022) has continued to have a hold on the internet, which has been waiting impatiently for its sequel. Like its predecessor, The Batman Part II has had no shortage of production problems and delays, to the degree that DC Studios head James Gunn politely (but firmly) told people to back off Reeves. The second movie isn’t due for another two years and change and only recently entered pre-production—but when the first proper look at that one hits, expect comparisons between it and its predecessor’s first trailer as fans once again prepare to fall in love with Reeves’ interpretation of DC’s ever-brooding leading man.

Want more io9 news? Check out when to expect the latest Marvel, Star Wars, and Star Trek releases, what’s next for the DC Universe on film and TV, and everything you need to know about the future of Doctor Who.



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NFT Gaming

Kanye West Launches Token on Solana in Frenzied Debut

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In brief

  • YZY surged to a multibillion-dollar valuation within an hour of launch before tumbling.
  • The token is framed as part of a broader “YZY Money” payments ecosystem.
  • On-chain data shows 70% of supply sits in a single wallet, raising centralization concerns.

Hip-hop artist Kanye West has made his first direct move into crypto with YZY, a Solana-based token promoted late Wednesday night on his verified X account.

“A new economy, built on chain,” West’s account posted on the social media platform, describing the project. A video of West confirming “the official Yeezy token” drop was released an hour later.

West has spoken about Bitcoin before and once sued to shut down the unauthorized “Coinye” token.YZY is the first coin he has formally launched under his own name and brand. Earlier in March, West pivoted to crypto and teased the possibility of dropping a meme coin.



His announcement has triggered a buying surge that quickly pushed the coin’s market capitalization to more than $3 billion less than an hour after it went live, before drastically dropping to less than $1 billion, according to on-chain data from Birdeye.

While YZY is clocking a 375% rise over the last 24 hours, the token is down more than 34% in the past hour to $0.99, data shows.

The token was quickly listed on platforms including CoinMarketCap and Bitget, with Poloniex announcing support shortly after. 

Trading volumes on Solana decentralized exchanges spiked, cementing YZY as one of the largest and most visible celebrity-linked coins to debut yet, eclipsing that of other launches such as TRUMP, MOTHER, and LIBRA.

Framed as part of a broader “YZY Money” ecosystem, its website describes the token as part of “a new financial system, built on crypto rails,” with YZY positioned as the native cryptocurrency of a broader ecosystem.

The website describes YZY as more than a meme coin and goes on to describe Ye Pay, a proposed payment processor aimed at reducing merchant fees, and the YZY Card, pitched as a global spending tool for YZY and USDC.

The project claims the token would support loyalty programs, retail use, and peer-to-peer transfers, but no timeline or technical details were provided.

While the site disclosed the Solana contract address and liquidity pool, questions remain about governance, compliance, and whether these features will be delivered.

West’s representatives under the Yeezy brand did not immediately return Decrypt’s request for comments on those aspects.

Bubblemaps data shows a single wallet controls about 70% of the token’s total one-billion supply, with public allocations reported at just 20% and the remainder vested under Yeezy Investments LLC, spurring concerns over centralization risks.

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GameFi Guides

3 Crypto IPOs In The Pipeline Post Circle (CRLC) And Bullish (BLSH) Stellar Debut

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The recent surge in interest and adoption of digital assets has catalyzed a shift in the financial landscape, leading to a wave of successful crypto initial public offerings (IPOs). With three notable debuts on the horizon, the trend is gaining traction, driven by the impressive performance of recent market entrants.

Crypto IPO Boom

In the past few months, Circle (CRCL), the issuer of the USDC stablecoin, and Bullish (BLSH), a crypto exchange backed by Peter Thiel, have both experienced significant demand, resulting in substantial increases in their stock prices. 

This resurgence follows the earlier successes of Coinbase (COIN) and Robinhood (HOOD), which have seen their shares spike nearly 500% and 60%, respectively, over the past year. 

In addition, the recent market rally which saw Bitcoin (BTC) reached a new record price beyond $124,000, has created a sense of urgency among crypto and fintech operators, as highlighted by a report from The Street, which noted a growing fear of missing out (FOMO) in the sector.

This renewed interest is further buoyed by favorable pro-crypto policies emerging from the US and President Donald Trump’s vision of making the country the “crypto capital of the world,” alongside rising prices. As a result, numerous firms are now vying for a spot on Wall Street.

Grayscale, Gemini, And BitGo 

One of the frontrunners in this wave is asset manager and crypto exchange-traded fund (ETF) issuer Grayscale. Known for its role in bringing crypto investments to mainstream finance through its Grayscale Bitcoin Trust and Grayscale Ethereum Trust, the firm manages over $33 billion in assets. 

With plans to capitalize on its robust management fee revenue, Grayscale has confidentially filed for an initial public offering, marking an important step in its ongoing journey in the digital asset space.

Next in line is Gemini, the cryptocurrency exchange founded by the Winklevoss twins. After a decade of attempting to launch a Bitcoin fund, the twins pivoted to establishing their own exchange, which has since become one of the largest in the market. 

With crypto demand on the rise, Gemini aims to leverage its strong market position by filing for an IPO, seeking to reflect the valuation it achieved during a funding round in November 2021, which was around $7.1 billion.

BitGo, a major player in crypto custody, is also preparing to join the ranks of firms seeking to go public. Custodying over $100 billion in assets, BitGo has positioned itself as a key service provider for exchanges, asset managers, and other businesses, offering a range of services including staking and trading. 

The firm’s substantial growth in assets suggests it is ready for a larger presence in the market, although further details will emerge once its confidential IPO filing becomes public.

The recent success of Circle and Bullish underscores the potential for crypto IPOs. Both companies saw their stock prices soar upon debut, with Bullish’s shares opening at $90—a 143% increase from its IPO price—and Circle’s stock launching at $69, reflecting a 168% rise from its initial offering of $31. 

The hourly chart shows CRLC’s valuation trending downwards. Source: CRCL on TradingView.com

However, it’s worth noting that Circle’s stock has since seen a significant decline, dropping more than 50% toward its current valuation of $147, from its peak of $298 reached in June. BLSH on the other hand trades at $64, representing a 45% drop from its $117 record. 

Featured image from DALL-E, chart from TradingView.com 

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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The Pixel 9 Pro Fold is $600 off ahead of the new model’s debut
Gaming Gear

The Pixel 9 Pro Fold is $600 off ahead of the new model’s debut

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Some people like to stay on the cutting edge of technology. If that’s you, you already know that Google is going to officially unveil its Pixel 10 phones (including a new Fold) during its August 20th event. But if you’re someone who prefers to use these opportunities to save on last-gen tech, you’ve been rewarded with a sweet deal on the Pixel 9 Pro Fold. The base 256GB version in obsidian (black) is down to $1,199 at Amazon and Best Buy, which is 33 percent off its original $1,799 price. It was selling for $100 more just last week.

The Pixel 9 Pro Fold was a big leap forward compared to Google’s first-gen foldable, touting a lightweight design that looks and feels like a normal phone before you unfold it. One of its main drawbacks was that, despite its high original price, you don’t get the same great cameras in the cheaper Pixel 9 Pro (which, by the way, is only $599 at Best Buy). They’re still good, mind you, but reviewer Allison Johnson said during her testing that its telephoto lens produced softer images by comparison, and low-light photos were less detailed. Drawbacks aside, she was eager to recommend the foldable phone at its original $1,800 price.

The Pixel 10 Pro Fold is nearly upon us, and it’ll likely deliver some sizeable improvements. Google itself has already shown off its design in YouTube clips, and it’s very similar to the model on sale now. However, there’s a rumor that it might have an IP68 rating, which would make it dustproof. Dust was the kryptonite for early foldable models, but the tech has apparently come a long way since then, so this would be a huge selling point in favor of the new model if it’s true.

Other Verge-approved deals for your weekend



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