Company Overview - World Liberty Financial, co-founded by the Trump family, is set to launch a new RWA product lineup in January 2026, focusing on instruments backed by materials such as oil, gas, cotton, and timber [1] - The company plans to pair these offerings with its dollar-linked stablecoin, USD1, and aims to broaden access to a global audience [1][2] Product Development - A debit card is in development, expected to debut in late 2025 or early 2026, along with a dedicated mobile app and wallet system [2] Market Trends - There is a growing interest in the RWA sector, driven by significant growth in tokenized asset markets, with instruments tied to government debt and real-world holdings experiencing extraordinary demand [3] - Major trading platforms are entering the tokenized asset space, exemplified by Robinhood's launch of a layer-2 network and tokenized shares for EU users [3] Market Data - The platform currently lists nearly 1,000 tokenized equities and pooled products on-chain, holding approximately $10.8 million in value [4] - Regulated tokenized public equities total $656 million, with monthly transfer activity reaching $1.14 billion; Ondo leads the market with a 52% share, followed by Backed Finance at 24% and Securitize at 20% [4] Institutional Interest - The recent funding round for tokenization platform OpenEden, backed by major industry players like Ripple and Gate Ventures, indicates expanding institutional demand for compliant yield-oriented digital instruments [5] - Kraken's acquisition of Backed Finance AG, the firm behind the xStocks token issuance platform, further highlights the growing interest in this sector [5]

Product Features - Krak Card is a debit card powered by Mastercard [1] - Offers up to 1% cashback in cash or Bitcoin [1] - Supports spending in over 400 currencies, both cash and crypto [1] Market Availability - Currently available in Europe [1] - Plans for worldwide expansion in the near future [1]

Risk Management - Using a debit card for payments carries a higher risk because fraudulent activity directly impacts the user's bank account [1] - Credit card fraud primarily affects the bank, not the cardholder [1] Financial Strategy - Paying credit card balances in full each month results in zero interest charges [1] - Credit cards often offer rewards for spending, incentivizing their use for regular purchases [1] Banking Perspective - Debit cards primarily benefit the bank [1] - Credit cards can be leveraged to make the bank work for the cardholder [1]

Product Update - Uphold has relaunched its US debit card after a two-year absence [1] - The card offers up to 10% back in XRP rewards [1] Reward Structure - Users can earn 6% back on spending [1] - An additional 4% reward is available for users with direct deposit [1]

Neo Bank Options & Access - Highlights discounted (20%) access to @useTria cards [1] - @useTria is identified as a tokenless Neo Bank [1] - Neo bank options are available for booking everything with stablecoins [1] Account Setup & Usage - Account setup can be done using Google/Apple Account/Email [1] - Deposit stablecoins (or crypto) into the Neo bank wallet [1] - Purchase a debit card (e g, @useTria "Virtual Card") from the bank [1]

Neo Bank & Crypto Adoption - Neo banks offer a way to transact using stablecoins, bypassing traditional banking systems [1] - Tria provides virtual and premium debit cards, with the premium card offering 6% crypto cashback [1] - A 20% discount on Tria cards is available using a specific referral code [1] - The industry speculates potential airdrop of $TRIA token to early supporters like cardholders [1] - The swap fee on Neo banks is approximately 05%, suggesting larger transactions should occur on DEXs [1] - Booking entire trips using stablecoins eliminates the need for off-ramping and traditional banks [1] Agentic Commerce & Future Trends - Agentic Commerce, involving Neo Banks, Agents, and Stablecoins, is gaining traction [1] - Virtual cards enable agents to make online purchases, including compute, subscriptions, and API calls [1]

Partnerships & Sponsorships - CoinDesk media network is sponsored by @MidnightNtwrk [1] Cryptocurrency Market Trends - Bitcoin decreased nearly 2% this week [2] - Bitcoin remains 4% higher for the month [2] Company Initiatives & Developments - World Liberty Financial, affiliated with Trump, will launch a debit card and retail app [2] - Binance founder CZ is reportedly considering opening his Yy Labs investment to external investors [2]

Company Initiatives - World Liberty Financial 联合创始人 Zak Folkman 表示，该公司正寻求尽快推出自己的借记卡 [1]

Product Development - World Liberty Financial will launch a debit card and retail application [1] Executive Insights - Zak Folkman, co-founder, announced the upcoming product launch at @kbwofficial [1]

Product Launch - World Liberty Financial plans to launch a debit card and retail app linked with Apple Pay [1]