World Liberty Financial (WLFI), the Trump family's crypto project , announced the launch of "World Swap," a foreign exchange (FX) and cross-border remittance service platform. The platform promises lower fees and a more intuitive interface, targeting the traditional FX and remittance markets. This new move comes after WLFI applied for a National Trust Bank license and simultaneously launched its lending platform. At the same time, the company's foreign investment background has drawn attention and sparked investigations in the US political arena.
World Swap is entering the foreign exchange and remittance market, but the launch date is yet to be determined.
WLFI has launched a new foreign exchange and cross-border remittance service platform called "World Swap." WLFI states that this service focuses on lower fees and a simpler, more intuitive interface, aiming to penetrate the traditional foreign exchange and cross-border remittance market.
According to reports, WLFI aims to capture a small share of the global foreign exchange and remittance market. However, no official launch timeline has been announced yet, and inquiries from foreign media to WLFI for further details have not yet received a response.
Targeting the trillion-dollar foreign exchange and remittance market, WLFI is imperative.
According to data from the Bank for International Settlements (BIS), the global foreign exchange market saw daily trading volume exceed US$9.6 trillion in April 2025; World Bank statistics show that the global personal cross-border remittance market exceeded US$892 billion in annual size in 2024. WLFI stated that World Swap is targeting these two major markets, hoping to gain some users and trading volume from them.
WLFI's aggressive expansion of its business has drawn concern from Democratic Party members.
This foray into the foreign exchange and remittance market is part of a series of recent expansion plans by WLFI. In January of this year, WLFI applied for a National Trust Bank license from the U.S. regulatory authorities and also launched a lending platform called "World Liberty Markets".
As its business rapidly expands, WLFI's visibility in US politics has also increased, particularly among Democratic lawmakers, sparking interest and discussion about its background and funding sources.
UAE funds have invested in WLFI, but there has been no official response to date.
According to previous reports, funds linked to Sheikh Tahnoon bin Zayed Al Nahyan, a member of the UAE royal family and the UAE's National Security Advisor, invested $500 million in WLFI , acquiring a 49% stake in the platform. The report noted that this UAE official has served as National Security Advisor since 2016 and had previously sought access to advanced AI chips from the United States.
Following the disclosure of the transaction, Democrats immediately launched an investigation, stating that "this is a matter of public trust and transparency." Trump himself responded that he was unaware of the details, saying that related matters were handled by family members. Subsequently, at a hearing of the House Financial Services Committee, several Democrats pointed out that the transaction could pose a national security risk and raise concerns about the influence of foreign capital. WLFI has not yet made any further statements regarding the related allegations and investigations.
This article, titled "Trump's WLFI Launches World Swap Forex Platform to Seize the Global $9.6 Trillion Forex Opportunity," first appeared on ABMedia, a ABMedia .
