World Liberty Financial

Founded in 2024, World Liberty Financial is the corporate vehicle for various Trump family crypto ventures. The firm has issued a governance token, WLFI; and a stablecoin, USD1, which together have a market cap worth billions of dollars. The CEO of World Liberty is Zach Witkoff, the son of President Donald Trump's Middle East envoy, Steve Witkoff. Other cofounders include Donald Trump Jr., Eric Trump, Barron Trump, Steve Witkoff, and President Trump.

In 2025, MGX, an Abu Dhabi state-backed investment fund, used USD1 to make a $2 billion investment in the crypto exchange Binance. Democratic senators, including Sen. Elizabeth Warren (D-Mass.), have repeatedly raised conflict-of-interest concerns about the venture.