Goldman CEO, NYSE President Attend Trump-Backed World Liberty Crypto Event
World Liberty Financial (CRYPTO: WLFI) surged 17% as Goldman Sachs (NYSE:GS) CEO David Solomon and NYSE President Lynn Martin spoke at the inaugural World Liberty Forum at Mar-a-Lago, signaling Wall Street’s embrace of tokenization.
The Goldman Revelation
Solomon revealed he owns “very little, but some” Bitcoin (CRYPTO: BTC), describing himself as an observer still trying to understand how it moves.
However, he dismissed the idea that traditional banks and crypto are locked in a zero-sum fight.
“It’s one system, it’s our system,” Solomon said. “We have to do it the right way, and there’s going to be disagreements and that’s OK,” he added.
Solomon pointed to tokenization as critical. The evolution of markets is being shaped by large-scale technology platforms, and tokenization will play a central role. “That I think is super important,” he said.
Goldman’s limited crypto involvement stems from what Solomon called prohibitive regulation that only recently began loosening.
He suggested Goldman may now take another look as regulators provide greater latitude for banks to engage with digital assets.
On overregulation, Solomon argued that excessive rules extract capital from the financial system—something he said definitively happened over the last five years and hurt market efficiency.
The NYSE Tokenization Push
NYSE President Lynn Martin said the exchange felt a “responsibility” to engage in tokenization as blockchain-based finance gains momentum.
The NYSE has already developed tokenization technology and is working with regulators to understand how it fits within the existing framework.
The exchange is preparing a blockchain-powered platform launching later this year that would enable 24/7 trading of tokenized stocks and ETFs—straying from its traditional 6.5-hour, five-day trading window.
However, no specific launch date has been provided.
Meanwhile, CFTC Chairman Michael Selig said on the same panel that previous administrations “discouraged” development of new tools. “I want that to be very clear, we stand ready to build with the incumbents, new entrants, old technologies, new technologies.”
The WLFI Breakout
WLFI rocketed 17% breaking through the 20, 50, and 100 EMAs and now challenging the 200 EMA at $0.12743.
After weeks consolidating in the $0.095-$0.117 range, the token exploded higher with vertical, impulsive buying.
The strength matters. This isn’t a weak bounce sold into resistance—it’s holding gains and consolidating near highs, showing textbook bullish price action.
Breaking above $0.127-$0.130 flips the technical structure from bearish to bullish.
Immediate resistance sits at $0.127-$0.130. Punching through targets $0.14, then $0.15-$0.17.
Support flipped to $0.113-$0.117. Holding above $0.113 on pullbacks keeps the rally intact.
Image: Shutterstock
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
British Pound extends losing streak against US Dollar, US PPI in focus

Barclays: US-Iran conflict unlikely to end in next 12 months, oil exports near 85% of pre-war level

Jensen Huang's sudden resignation shrouded in suspicion: Did the White House secretly intervene? Is a return possible in the future?
Only a few days separated Jensen Huang’s strong support from the board last Sunday and his late-night resignation on Wednesday. Multiple reports of the Wednesday night Nvidia board meeting were co-authored by Washington-based journalists—who do not typically cover Nvidia—fueling rumors of "White House pressure and information leaks." Huang’s unique value lies in leveraging his personal reputation to secure the supply chain and drive the implementation of technological roadmaps, making him difficult to replace. Some analysts note that, drawing on examples such as Steve Jobs’ return to Apple, it is possible that Huang may come back in the future.

Gold recovers from YTD low, retakes $3,900; Fed hike bets and bullish USD to cap gains
