Benzinga·2026-02-18 17:39Group 1: Market Developments - World Liberty Financial (WLFI) surged 17% following remarks from Goldman Sachs CEO David Solomon and NYSE President Lynn Martin at the inaugural World Liberty Forum, indicating Wall Street's growing acceptance of tokenization [1] - Solomon emphasized the importance of tokenization in shaping market evolution, stating that large-scale technology platforms will play a central role [3] - The NYSE is developing tokenization technology and feels a responsibility to engage in this area as blockchain-based finance gains traction [5] Group 2: Regulatory Environment - Solomon noted that Goldman's limited involvement in crypto is due to prohibitive regulations, which have recently begun to loosen, suggesting a potential reevaluation of their stance on digital assets [3] - He criticized overregulation, claiming it has extracted capital from the financial system and negatively impacted market efficiency over the past five years [4] - CFTC Chairman Michael Selig expressed a desire to collaborate with both incumbents and new entrants in developing new financial tools, indicating a shift in regulatory attitudes [7] Group 3: Technical Analysis of WLFI - WLFI's price broke through key moving averages, challenging the 200 EMA at $0.12743 after consolidating in the $0.095-$0.117 range [7] - The price action is characterized as bullish, with immediate resistance identified at $0.127-$0.130, and potential targets of $0.14 and $0.15-$0.17 if the resistance is breached [8] - Support levels have shifted to $0.113-$0.117, with the rally remaining intact as long as WLFI holds above $0.113 on pullbacks [8]