Highlights
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.
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.
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.
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