WLFI token jumps 23% before Mar-a-Lago crypto policy forum
World Liberty Financial’s WLFI token rose more than 23% to about $0.12 from $0.10 ahead of a cryptocurrency policy forum scheduled at former U.S. President Donald Trump’s Mar-a-Lago club. Twenty-four-hour trading volume exceeded $466 million.
The event, organized by World Liberty Financial — a company backed by Trump and his sons — is set for Wednesday and will convene Eric Trump and Donald Trump Jr., Coinbase CEO Brian Armstrong, BitGo co-founder and CEO Mike Belshe, Commodity Futures Trading Commission Chair Michael Selig, and other industry participants to discuss crypto policy at the Florida property, according to World Liberty Financial.
Described by the organizer as a crypto-aligned forum, the gathering coincides with congressional deliberations on a comprehensive digital asset market structure bill, including questions around stablecoin yield. Selig is slated to join New York Stock Exchange President Lynn Martin for a discussion on the legislation.
Although the agenda includes crypto-focused policymakers such as Ohio Senator Bernie Moreno and Florida Senator Ashley Moody, Trump was not expected to attend as of Wednesday morning. Separately, several Democratic senators continue to push for provisions addressing potential conflicts of interest for sitting lawmakers who may profit from the crypto industry.
Media reports have indicated that Trump and his family have generated more than $1 billion from crypto-related projects since January 2025. By contrast, in 2019 Trump said he was “not a fan” of Bitcoin (BTC) and other cryptocurrencies and described Bitcoin as a “scam” after leaving office in 2021.
US market structure bill faces scrutiny
Passed in the U.S. House of Representatives in July as the CLARITY Act, the market structure bill under Senate consideration is expected to delineate oversight of digital assets between the Commodity Futures Trading Commission and the Securities and Exchange Commission. In January, the Senate Agriculture Committee, which oversees the CFTC, advanced its version of the bill along party lines, with no Democratic support.
Also in January, the Senate Banking Committee postponed its markup after Coinbase’s CEO said he could not back the bill in its current form, citing concerns over tokenized equities and decentralized finance.
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