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I have spent quite some time reviewing the latest developments of WLFI. The step of applying for a U.S. trust bank license under its entity is, to be honest, not just a simple concept packaging but a genuine strategic upgrade.
As someone who has been following this project continuously, I understand very well what this means. A trust bank license is not a game; it signifies a serious move towards crypto asset custody and stablecoin exchange. In other words, shifting from traffic-driven to real business-driven growth. What is custody business? It’s the prerequisite for major players like sovereign funds and traditional investment banks to enter the market. They need licensed institutions to safeguard crypto assets, which gives them the confidence to make significant investments. Plus, with the already issued USD1 stablecoin—fully backed by USD assets—the ecosystem becomes quite complete.
Looking at the project's own conditions, it has support from the Trump family, with small Trump and Eric serving as Web3 ambassadors. Trump himself publicly supports cryptocurrencies. The crypto regulatory policies he is pushing are still being implemented, and this wave of policy benefits will not fade in the short term. The team is also well-structured, with founders from Paxos and Dolomite involved. Two rounds of private funding have already raised $550 million, and funds from the Middle East are also coming in, making the capital situation look quite stable.
Regarding the price, my view has always been straightforward. The current market price is about $0.34, with the first target at $0.47. Based on the progress of licensing and institutional capital entering, this price level can be seen in the short term. Looking further ahead, $4.7 is not an impossible target.