World Liberty Financial is pushing deeper into mainstream crypto adoption with plans for a debit card launch and tokenized commodity trading. Speaking at Singapore's Token2049 conference, Trump Jr. and CEO Zach Witkoff outlined an aggressive expansion that could bridge crypto assets with everyday spending while targeting oil, gas, and agricultural commodities for blockchain trading.
World Liberty Financial just dropped its most ambitious expansion plans yet, and the timing couldn't be more strategic. At Singapore's Token2049 conference, CEO Zach Witkoff and co-founder Donald Trump Jr. unveiled a roadmap that positions the Trump-linked crypto venture to bridge digital assets with real-world commerce in ways the industry hasn't seen before.
The centerpiece announcement: a debit card that would "bridge crypto assets with everyday spending," as Witkoff told the packed Singapore crowd. The pilot program kicks off next quarter, with the card going live either Q4 2025 or Q1 2026. It's a direct challenge to traditional fintech players and puts World Liberty Financial squarely in competition with established crypto card providers like Coinbase and Crypto.com.
But the debit card is just the opening move. Witkoff revealed the company is "actively working on" tokenizing real-world commodities - oil, gas, cotton, timber - essentially anything that "should be traded on chain." This isn't just crypto speculation talk; it represents a fundamental shift toward bringing trillion-dollar commodity markets onto blockchain infrastructure.
The announcements come as World Liberty Financial's USD1 stablecoin has already claimed the fifth spot globally with $2.7 billion in market capitalization. That's remarkable velocity for a stablecoin that launched just months ago, though previous analysis revealed that more than half of USD1's liquidity came from just three wallets, raising questions about organic demand versus coordinated support.
The broader Trump crypto empire is riding an unprecedented wave. Bitcoin has surged over 80% in the past year, fueled by President Trump's crypto-friendly policies and his appointment of industry advocates to key cabinet positions. Trump's own $TRUMP meme coin launch has drawn criticism from opposition lawmakers citing conflicts of interest, but the market momentum remains undeniable.
"We're flying to every single corner of this globe, convincing people to onboard to USD1 which, in effect, convinces those people to go buy U.S. Treasuries, and it's great for the U.S. dollar," Witkoff explained. It's a geopolitical play wrapped in crypto innovation - using digital assets to strengthen dollar hegemony while generating revenue for the Trump organization.