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Reading: Trump-backed World Liberty to release stablecoin audit, make WLFI transferable
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Trump-backed World Liberty to release stablecoin audit, make WLFI transferable

Roman Hasley
Last updated: 27.06.2025 4:39 AM
Roman Hasley
Published: 27.06.2025
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Trump-backed World Liberty to release stablecoin audit, make WLFI transferable

World Liberty Financial Aims to Release Stablecoin Audit and Enable Transferable Governance Token

World Liberty Financial, a cryptocurrency venture closely associated with former President Donald Trump, is preparing to publish its stablecoin’s first attestation report and has indicated plans to make its governance token, WLFI, transferable.

Attestation Report on Way

At the Permissionless conference in Brooklyn, World Liberty Financial co-founder Zak Folkman revealed that the platform’s stablecoin has received its initial attestation report from an accounting firm. Folkman stated the report will be made available “within the next few days” on the company’s website.

Big Changes Ahead for WLFI

Folkman hinted at significant developments for the project’s governance token, WLFI, which currently does not offer transferability. He teased an upcoming announcement: “if you pay attention over the next couple of weeks, I think everyone… is going to be very, very happy.”

In a subsequent X post, World Liberty Financial confirmed plans to enable WLFI transferability following community demand. The project noted: “You asked to make $WLFI transferable — we heard you,” adding that implementation is underway and “big news coming soon.”

However, the announcement has drawn mixed reactions. While some community members expressed excitement about the potential, others expressed skepticism. One user questioned whether this move could increase selling pressure, potentially burdening holders.

Broader Strategic Moves

Folkman also mentioned that World Liberty Financial is launching a new application designed to enhance accessibility for retail cryptocurrency users. This development comes ahead of what many anticipate will be a critical election period.

Trump’s Financial Involvement

Former President Trump has reported substantial earnings from World Liberty Financial, with his 2025 financial filing disclosing $57.4 million in proceeds from token sales. The filing also revealed Trump holds 15 billion governance tokens, which carry voting rights.

Funding and Partner Profile

The project has secured $550 million through public token sales since its September 2024 inception. It markets itself as a DeFi platform focused on dollar-pegged stablecoins as an alternative to traditional financial services.

World Liberty Financial’s funding round has attracted notable cryptocurrency investors including Tron founder Justin Sun ($30 million investment), Web3Port ($10 million), and Oddiyana Ventures.

Related Developments

Separately, reports have emerged suggesting the Trump administration may consider issuing a “debanking” executive order, potentially affecting cryptocurrency projects with political connections.

Cryptocurrencies, Investments, United States, Donald Trump, Trumpcoin, Stablecoin
Zak Folkman, left, talking to Blockworks’ Jason Yanowitz. Source: Permissionless

World Liberty Financial Governance Token
WLFI token to become transferable

Related News

  • Reports suggest the Trump administration is considering “debanking” executive orders that could impact cryptocurrency projects.
  • Separately, a Trump-affiliated media outlet has stated that a proposed $400 million stock buyback won’t affect treasury plans for Bitcoin.

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