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WLFI Trading to Begin on Binance With USDT and USDC Pairs
World Liberty Financial’s WLFI token starts trading on Binance today, marking its first official public market debut. The token is now available under WLFI/USDT and WLFI/USDC pairs, with deposits enabled earlier in the day. Binance will open withdrawals for WLFI tokens tomorrow, expanding access to the trading platform.
The WLFI listing follows private funding rounds and early token allocations to insiders and affiliated entities. Only a limited portion of the total 33 billion WLFI token supply is available at launch. Most tokens remain locked under early investors and internal stakeholders, potentially affecting market liquidity.
Japan’s Largest Deposit Holder to Issue Something Similar to Stablecoin
According to Nikkei, Japan Post Bank is preparing to introduce a digital deposit currency for its account holders by 2026.
The initiative will use DCJPY, developed by DeCurret DCP under the Internet Initiative Japan (IIJ) Group, to settle digital securities and other financial products. The bank is also considering using the system for local government subsidy payments.
Gryphon Digital Mining to Merge with Trump-Linked American Bitcoin
Gryphon Digital Mining has secured shareholder approval to merge with American Bitcoin, a mining firm connected to the Trump family, in a stock-for-stock deal that sets the stage for a rebrand and new Nasdaq listing.
The Las Vegas-based Bitcoin miner announced Friday that its shareholders voted in favor of the merger earlier in the week.
A reverse five-to-one stock split will be completed by 5:00 pm ET on Sept. 2, after which the combined company will trade under the name American Bitcoin with the ticker symbol “ABTC.”
Bitcoin & Ethereum Spot ETF Flow
The overall net ouflow of the US Bitcoin spot ETF on Friday was $126.64 million. The total net asset value of Bitcoin spot ETFs is $139.95 billion, and the ETF net asset ratio (market value compared to total Bitcoin market value) is 6.52%.
The Bitcoin spot ETF with the highest net inflow on August 29 was iShares Bitcoin Trust ETF , with a net inflow of $24.63 million.