World Liberty Financial, the crypto venture tied to former President Donald Trump’s family, is pushing decentralized finance beyond terrestrial limits through a new partnership with satellite network builder Spacecoin.
The deal pairs WLFI’s DeFi tooling with Spacecoin’s satellite-powered internet, aiming to bring payments and financial services to remote regions where traditional banks and broadband never reached. As part of the agreement the projects executed a token swap, formally linking the two ecosystems and laying groundwork for future joint work on payments, settlements and coordination in low- or no-connectivity areas.
Spacecoin has already launched three satellites into low-Earth orbit as the initial backbone of a decentralized physical infrastructure network (DePIN) designed to deliver permissionless internet access to underserved communities. The project positions satellite connectivity as a way to sidestep dependence on governments and telecom monopolies by growing an independent constellation.
WLFI says it will supply the financial rails: tools that let people send, receive and settle value over Spacecoin’s network. “True digital freedom also requires access to robust, fair and open financial services,” Spacecoin founder Tae Oh said in the announcement, framing payments and internet access as complementary layers of digital inclusion.
The move comes as WLFI pursues broader regulatory and product ambitions. Its subsidiary, World Liberty Trust Company, has applied for a national bank charter with the U.S. Office of the Comptroller of the Currency. WLFI launched a dollar-pegged stablecoin called USD1 last year, which has grown to about $3.2 billion in market capitalization, and has rolled out World Liberty Markets to offer crypto lending and borrowing.
The partnership is likely to attract attention not only for its tech ambitions but for its political ties: a Bloomberg analysis estimates the Trump family has earned roughly $1.4 billion from crypto projects since the start of the former president’s second term. The Spacecoin tie-up was announced the same day reports surfaced that SpaceX has hired Bank of America, Goldman Sachs, JPMorgan Chase and Morgan Stanley to lead a highly anticipated IPO expected this year.
What to watch next: expansion of Spacecoin’s satellite constellation, integration and user uptake of WLFI’s payments stack over a low-orbit network, the outcome of WLFI’s OCC bank charter application, and whether the token swap leads to real-world settlements or remains a strategic alliance.
Read more AI-generated news on: undefined/news
