WLF to launch real-world asset products in January, co-founder says

DUBAI, Dec 3 (Reuters) – World Liberty Financial, a ​crypto venture backed by ‌U.S. President Donald Trump’s family, ‌will launch its suite of real-world asset products at the beginning of the ⁠first ‌quarter in January, co-founder Zach Witkoff announced ‍on Wednesday during an event in Dubai.

USD1, WLF’s stablecoin, was ​used by an Abu ‌Dhabi-backed MGX firm to pay for their investment in Binance this year.

The announcement came during a two-day ⁠event organized ​by Binance, the ​world’s largest cryptocurrency exchange two-day event in Dubai ‍featuring ⁠senior company and industry executives.

(Reporting by Federico Maccioni ⁠and Utkarsh Shetti; Writing by ‌Tala Ramadan; Editing by ‌Louise Heavens)