TLDR World Liberty Financial appointed Mack McCain as its new General Counsel. McCain previously held senior legal roles at Robinhood, Arta Finance, Charles Schwab, and Scottrade. WLFI token price surged by over 7 percent following the announcement. The token rose from $0.138 to $0.1479 according to TradingView data. WLFI described the appointment as a step [...] The post WLFI Climbs Fast After Surprise Legal Hire From Robinhood Ranks appeared first on Blockonomi.TLDR World Liberty Financial appointed Mack McCain as its new General Counsel. McCain previously held senior legal roles at Robinhood, Arta Finance, Charles Schwab, and Scottrade. WLFI token price surged by over 7 percent following the announcement. The token rose from $0.138 to $0.1479 according to TradingView data. WLFI described the appointment as a step [...] The post WLFI Climbs Fast After Surprise Legal Hire From Robinhood Ranks appeared first on Blockonomi.
WLFI Climbs Fast After Surprise Legal Hire From Robinhood Ranks
2025/10/30 06:28
TLDR
- World Liberty Financial appointed Mack McCain as its new General Counsel.
- McCain previously held senior legal roles at Robinhood, Arta Finance, Charles Schwab, and Scottrade.
- WLFI token price surged by over 7 percent following the announcement.
- The token rose from $0.138 to $0.1479 according to TradingView data.
- WLFI described the appointment as a step toward building a compliant global financial ecosystem.
World Liberty Financial (WLFI) has appointed Mack McCain as General Counsel, triggering a 7% surge in the WLFI token price. The token rose to $0.1479, up from $0.138, following the company’s announcement on its official X account. The appointment underscores WLFI’s ongoing efforts to establish a compliant and globally regulated financial ecosystem.
McCain’s Background Strengthens Legal Readiness
McCain previously served as Chief of Staff and Associate General Counsel for Regulatory Affairs at Robinhood. At Robinhood, he led legal strategies for artificial intelligence, international brokerage, and advisory initiatives.
He also held leadership roles at Arta Finance, Charles Schwab, and Scottrade, strengthening his regulatory profile. WLFI emphasized McCain’s ten years of experience in fintech and financial regulation in its announcement.
said WLFI co-founder Zak Folkman. The company said his appointment marks a new step in aligning compliance with product growth.
WLFI gained over 7% within hours of the announcement, its sharpest daily price movement in recent weeks. The token moved from $0.138 to a high of $0.1479, according to TradingView price data. The price increase reflected renewed investor confidence in WLFI’s leadership and regulatory approach. WLFI is focusing on building a legal framework to support its asset-backed and tokenized financial ecosystem. McCain’s addition is seen as a key step to reinforce institutional trust in WLFI.
WLFI Expands Regulatory Focus
The company recently blacklisted Justin Sun’s wallet as part of its tightening compliance controls. WLFI stated that the decision aligns with its ongoing regulatory reforms aimed at enhancing operational transparency.
The firm has positioned itself to scale in tokenized assets and decentralized finance under strict legal guidance. McCain is a graduate of USC and Washington University in St. Louis with legal experience in fintech law. He will oversee regulatory strategy as WLFI advances its roadmap for real-world asset tokenization.
Growth and Governance Alignment
Folkman said McCain will help guide WLFI’s legal team through its next growth phase. The company views his legal leadership as essential in scaling operations across multiple financial jurisdictions.
WLFI continues to focus on governance as part of its expansion into decentralized markets.The appointment further supports WLFI’s goal of institutional credibility and global regulatory readiness. At the time of publication, WLFI trades at $0.1479, with sustained market interest following the announcement.
The post WLFI Climbs Fast After Surprise Legal Hire From Robinhood Ranks appeared first on Blockonomi.
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