WLFI to tokenize commodities, plans debit card launch by early 2026

World Liberty Financial (WLFI) is pursuing the tokenization of real-world assets (RWA) linked to its native stablecoin, USD1, The Block reported. Speaking at the Token2049 conference, WLFI CEO Jack Witkoff said the company has moved beyond the review stage and is now working to tokenize commodities such as crude oil, gas, and timber. He stated that such commodities should be traded on-chain and that the firm plans to link these tokenized assets to its USD1 stablecoin. Witkoff also added that the company plans to launch its own debit card as early as the fourth quarter of 2025 or as late as the first quarter of 2026. He had previously announced at the KBW 2025 event that the company was developing the card.