WLF Token Jumps 7% as Former Robinhood Counsel Joins Trump-Backed World Liberty Financial

Paul
3 hours ago Updated 1 hour ago
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
WLFI tokens rise as green trading charts signal market rally.

Highlights

  • World Liberty Financial hires ex-Robinhood counsel Mack McCain as General Counsel.
  • The company's co-founder, Zak Folkman, referenced McCain's expertise, saying it will help WLFI grow stronger.
  • After the announcement of the appointment, WLFI token price increased by over 7% to $0.1479.

World Liberty Financial (WLFI) has appointed Mack McCain as its new General Counsel. This marks another step in the company’s growing push toward global regulatory readiness. The appointment quickly boosted market confidence, with the WLF token rising more than 7% to $0.1479, according to TradingView data.

Ex-Robinhood Counsel to Guide WLFI’s Global Expansion

McCain previously held senior positions at some of the biggest names in traditional and digital finance. Before joining WLFI, he served as Chief of Staff and Associate General Counsel for Regulatory Affairs at Robinhood. There, he oversaw legal strategy for international brokerage, artificial intelligence, and advisory initiatives.

The company announced the appointment in an official post on X, describing McCain’s addition as a major milestone in building a compliant and open financial ecosystem. The move follows WLFI’s recent regulatory tightening efforts, including its decision to blacklist Justin Sun’s wallet amid ongoing compliance reforms.

WLFI emphasized his decade-long experience in financial regulation and fintech as part of the reason for joining the team. The company also cited his previous leadership roles at Arta Finance, Charles Schwab, and Scottrade.

The new appointment also comes as WLFI advances its RWA tokenization plans. This underscores its broader effort to build a legally robust and asset-backed ecosystem.

McCain is a graduate of the University of Southern California and Washington University in St. Louis. He is expected to help shape WLFI’s next phase of expansion in decentralized finance and tokenized assets. In addition, his legal expertise is viewed as essential to balancing innovation with compliance as the company continues to scale globally.

World Liberty Co-founder Co-Founder Hails McCain’s Appointment

Following the announcement, WLF price surged from $0.138 to nearly $0.15, one of its strongest daily performances in recent times. Zak Folkman, co-founder of World Liberty Financial, said McCain brings “an incredible amount of experience in the digital asset space.”

According to him, he will be invaluable as the company continues to grow. Folkman’s comments reinforced WLFI’s focus on strengthening institutional credibility. Hence, McCain’s leadership could be central to advancing WLFI’s regulatory and governance initiatives.

Advertisement
coingape google news coingape google news
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
Paul Adedoyin is a crypto journalist with 4+ years experience who provides timely news, in-depth research, and insightful content to inform and empower his audience. His works have been featured on sites such as CryptoMode, CryptoNewsFlash among others. He holds a degree in Geophysics from OAU, Nigeria. When he's not writing, he loves watching soccer and reading educative journals. He can be reached via [email protected]
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.