World Liberty Financial is preparing to launch a new trading platform called WorldSwap , and has also announced plans for a major expansion into the Real-World Assets (RWA) sector in the near future.
WorldSwap targets the $7 trillion/day Forex market.
WorldSwap is positioned as a trading platform aiming to compete with the global foreign exchange (Forex) market, where volume is estimated at around $7 trillion per day. According to representatives from World Liberty Financial, the platform will focus on:
- Reduce cross-border transaction costs.
- Optimizing international money transfers and remittances.
- Improve payment speed through blockchain infrastructure.
If implemented correctly, WorldSwap could become a low-cost alternative to traditional currency transactions that rely on intermediary banking systems.
RWA strategy announced at Mar-a-Lago forum.
World Liberty Financial announced details of its expansion into physical assets at a private forum on February 18th at Mar-a-Lago. The event is expected to be attended by CEOs from major financial institutions such as Goldman Sachs and Franklin Templeton.
This move indicates that World Liberty Financial is seeking to connect with traditional financial institutions to promote the Tokenize of real assets, including bonds, money market funds, and other traditional investment products.
Alongside its expansion plans, World Liberty Financial also announced the deployment of real-time Proof of Reserves for the USD1 stablecoin, which currently has a market Capital of approximately $5.3 billion. This system utilizes Chainlink technology, enabling 24/7 monitoring of the underlying assets. According to World Liberty Financial, this continuous transparency mechanism aims to increase investor confidence, especially as stablecoins play an increasingly important Vai in on-chain payments and finance.
