Trump-backed WLFI moves toward market debut with tradability vote
2025-07-05 14:51:54
Main Idea
World Liberty Financial, a Trump family-backed DeFi firm, is proposing to make its WLFI token transferable for the first time, marking a shift toward community governance and public trading.
Key Points
1. The governance proposal would unlock WLFI trading, initiate token-based governance, and transition control to the community.
2. Trump family members and insiders hold 60% of WLFI tokens, with partial access granted to early supporters upon tradability launch.
3. Token holders will vote 'YES' or 'NO' on the proposal; approval would enable transferability and ecosystem expansion.
4. WLFI is a significant income source for Trump, who earned $57.4 million from his stake last year and $315 million from his meme coin '$TRUMP'.
5. The proposal aligns with WLFI's goal of building an 'open, transparent, and powerful financial system'.
Description
World Liberty Financial, the decentralized finance firm launched by the Trump family in 2024, is taking a major step toward opening its network to the public, proposing to make its WLFI token transferable for the first time. The governance proposal, now up for community vote, would unlock WLFI trading on peer-to-peer and secondary markets, grant partial liquidity to early supporters, and launch a broader system of token-based governance. Founders and insiders—including Trump family members, who ...
Latest News
- NFT sales jump 10% to $136.5m, CryptoPunks shows 26% pop2025-07-05 20:15:17
- Best memecoin to buy now? Pepeto could mirror DOGE and SHIB’s past price rallies2025-07-05 20:01:27
- XLM price at risk as Stellar Lumens’ funding rate crashes2025-07-05 19:05:35
- Bitcoin takes a breather as Independence Day ETF inflows hit $769m2025-07-05 18:40:28
- ADA soared 3400% in 2017, 1500% in 2021, this coin might overtake it with a 21017% rally2025-07-05 18:29:32