World Liberty Financial is making waves in the DeFi space with plans to launch a $1.5 billion treasury firm for its WLFI token - before the token begins trading. Eric Trump and World Liberty co-founder Zach Witkoff have joined the ALTS board to oversee this initiative.
Key points:
- First pre-trading treasury company for a token
- $1.5B potential market impact
- Notable board additions from Trump organization
This move could set new precedents for how crypto projects approach treasury management.
There are #Bitcoin treasury companies. There are #Ethereum treasury companies. But is a treasury company for $WLFI โ before the token even begins trading โ going too far? @EricTrump and @worldlibertyfi co-founder @ZachWitkoff now joining the $ALTS board:
Backpack Co-founder Discusses Daily Proof of Reserves Standards on Coinage Live
**Coinage** is hosting a live discussion with Backpack co-founder @armaniferrante about implementing *daily* Proof of Reserves publishing standards in crypto. This follows a broader industry push for transparency, including a recent #ProofOfReserves AMA featuring industry experts like @nic__carter and leaders from major platforms. - Focus on increasing trust through more frequent reserve verification - Industry moving towards standardized daily reporting - Building on previous transparency initiatives *Watch the discussion live on Coinage's platform*
Ethereum Market Update: Price Retraces as Federal Reserve Speech Looms
Ethereum has pulled back from recent gains ahead of a crucial Federal Reserve speech. This follows last week's rally where ETH approached its all-time high, driven by increased Treasury buying activity. Key points: - ETH price retracing recent gains - Federal Reserve speech identified as key market catalyst - Previous week saw significant Treasury purchase volume - Market showing sensitivity to macro events *Traders and investors are advised to monitor the upcoming Fed speech for potential market impact.* Follow market updates at [Coinage Media](https://coinage.media)
Do Kwon Pleads Guilty to Fraud Charges in Terra/Luna Case
Three years after Terra/Luna's $40B collapse, founder Do Kwon has pleaded guilty to fraud charges. The plea deal could result in his return to South Korea in approximately 6 years. Key points: - The guilty plea comes exactly 3 years after Kwon's notable interview about defining fraud - Case centered on Terra's failed attempt to establish Bitcoin treasury backing for stablecoin - Questions arise about potential impact of Trump administration on extradition timeline Watch the full analysis: [Coinage Episode](https://www.youtube.com/watch?v=OPG5srOMe1w) For historical context, see the original interview: [Inside Crypto's Largest Collapse](https://www.coinage.media/s1/inside-cryptos-largest-collapse-with-terras-do-kwon)
Coinage DAO Approves Creator Coin Lock-Up Through 2025
Coinage's DAO has unanimously passed Proposal 25-017, implementing a significant policy change for their Zora creator coins. The proposal **prohibits all sales through 2025**, allowing only buy pressure on the tokens. This decision follows recent developments in Coinage's integration with the creator economy on Base, highlighted in their recent interview with Zora co-founder @dg_goens about the creator coin explosion. Key points: - Complete lock-up of Coinage creator coins until 2025 - Only purchase transactions will be permitted - Part of larger strategy to expand creator economy presence - Builds on existing Zora creator coin model The initiative leverages Coinage's award-winning IP and aims to enhance their Web3 media presence.
Standard Chartered Raises ETH Target, Etherealize CEO Projects Higher
Standard Chartered has revised its year-end Ethereum price target to $7,500, up from their previous $4,000 forecast. The bank expects ETH to exceed its 2021 all-time high of $4,866 by Q3 2025. In a recent interview, Etherealize CEO Vivek Raman shared more ambitious projections: - $80,000 ETH price target - Potential rise to $706,000 - Views Ethereum as potential $10 trillion global infrastructure asset Full interview available at [Coinage Media](https://www.coinage.media/s4/ethereum-could-hit-usd80-000-says-etherealize-ceo-vivek-raman)