News

According to Jinse Finance, on-chain analyst Ai Yi (@ai_9684xtpa) has monitored that 6.55 billion WLFI tokens have been transferred to the Lockbox contract, accounting for 6.55% of the total token supply. The team announced that the Lockbox opened at 03:57 (UTC+8) today, and within just five and a half hours, a large number of tokens had already been received. Based on the current contract price, the estimated value is $1.5 billion. Among the top 10 individual holders, two (TOP1 & TOP8) have completed their transfers. Earlier this morning, it was reported that WLFI tokens will officially begin unlocking at 8:00 AM Eastern Time on September 1, and the related feature page (Lockbox) is now live.

According to a live report from Jinse Finance, on August 26 at the WebX2025 event in Japan, Galaxy founder Mike Novogratz stated that Galaxy stock is about to be tokenized and launched on Superstate. He expects the pace of this process to exceed all expectations. Novogratz emphasized that asset tokenization will be an inevitable trend in the future. With technological advancements, artificial intelligence will leverage stablecoins to facilitate transactions on the blockchain. He believes the boundaries between traditional finance (TradFi) and decentralized finance (DeFi) are becoming increasingly blurred. From the perspective of market participants, he sees significant value in asset tokenization. On one hand, it can drive financial democratization; for example, young people in Cambodia or Zimbabwe will be able to easily hold shares of companies like SoftBank, Apple, and Galaxy via their mobile phones in the future. On the other hand, for non-traditional assets such as private equity funds, tokenization will greatly enhance the ease of transfer. Currently, the process of selling private equity fund shares is complex, but after tokenization, trading can be done effortlessly. Novogratz believes that the substantial increase in liquidity brought by asset tokenization will further drive up asset prices.