Trump-Backed WLFI Surges as Public Companies Rush to Treasury Stash

Zak Folkman Reveals Corporate Craze at Permissionless Conference

Hold onto your hats, crypto fans! Zak Folkman, the co-founder of the Trump-backed World Liberty Financial, just dropped a bombshell at the Permissionless conference in New York. He spilled the beans that WLFI, their native token, is becoming the hottest item on the wish list of publicly listed companies looking to beef up their treasuries!

Folkman, speaking at the June 25 event, couldn't contain his excitement about the skyrocketing interest in WLFI. He pointed out that big shots from the corporate world are seriously considering adding this token to their stash, and it's all thanks to trailblazers like Michael Saylor shaking things up.

Forget boring old fiat—companies worldwide are diving into the crypto pool, snagging Bitcoin and other major tokens to shield themselves from the inflation monster. And guess what? Folkman says these companies are also setting their sights on WLFI as the next big thing to supercharge their corporate reserves!

"We're seeing a ton of interest from public companies eager to stash WLFI in their treasuries," Folkman exclaimed, and you can bet Bloomberg was all over it.

Get this: Saylor's Strategy has already racked up a staggering $60 billion in Bitcoin reserves, and their market cap is soaring past the $100 billion mark. And they're not alone—firms like Japan's Metaplanet, the U.K.'s The Smarter Web Company, and Norway's Green Minerals are all jumping on the Bitcoin bandwagon, raising cash to buy even more.

But wait, there's more! Companies aren't just sticking to Bitcoin; they're spreading their wings and snagging other heavy hitters like Solana, Tron, and Ethereum to diversify their portfolios. Take SOL Strategies, for example—they're all about that Solana life, while TRON's latest acquisition, SRM Entertainment, is gearing up to launch a Tron reserve treasury.

And in the latest twist, World Liberty Financial just announced at Permissionless that they're dropping their first audit, spilling all the tea on the reserves backing their stablecoin venture, USD1. Plus, they've got a mobile app in the works, ready to bring the WLFI action straight to retail users' fingertips.