World Liberty Financial Tokenholders Approve Tradability Vote
World Liberty Financial (WLFI), the Donald Trump-backed cryptocurrency project, moved closer to open-market participation as tokenholders overwhelmingly voted to approve the unlocking of WLFI governance tokens.
The proposal initiated on July 9 concluded its voting phase earlier this week, secured by a nearly unanimous vote of 99.94% in favor. This decision opens the doors for the Trump-associated token to enter public trading, potentially increasing its value.
According to the WLFI team, “Following the vote to make the token tradable, WLFI’s governance framework will enable more tokenholders to participate directly in protocol decisions.” This includes voting on emissions, ecosystem incentives, and future treasury actions. The proposal represents “the first step in handing greater influence to the community.”
Phased Token Unlock
The WLFI team announced that not all governance tokens will become immediately tradable simultaneously. The specifics involve a phased approach, with a comprehensive launch plan expected soon.
Initially, only “a portion” of tokens purchased by early supporters will qualify for trading under the proposal. The remaining tokens require a subsequent community vote to determine the exact unlock and release timeline.
Furthermore, tokens issued to founders, the team, and advisers are excluded from the immediate unlock and will face a longer, yet-to-be-determined schedule, potentially with specific conditions.
Funding Details:
- The project sold 20 billion WLFI tokens at $0.015 each in October 2024, raising approximately $300 million.
- A further five billion tokens were sold in January at $0.05 each, generating $250 million in gross proceeds.
Shifting Towards Open Participation
The WLFI team characterized the token unlock as a key component of its strategic shift from a closed network to one enabling “open participation.”
Increased tradability also introduces potential for speculation and facilitates price discovery. The WLFI team aims to expand its ecosystem further once tokens are freely traded, linking long-term token incentives more closely with protocol adoption.
WLFI development and ecosystem expansion are reportedly ongoing, supported by blockchain intelligence firm TRM Labs providing transaction monitoring services.
The Trump Family Stake
WLFI officially launched on September 16, 2024, receiving initial endorsement from Donald Trump and his sons, Eric, Donald Jr., and Barron.
Financial disclosures reveal Donald Trump reported a $57 million profit from WLFI holdings in June’s submission to the US Office of Government Ethics. However, there have been reports suggesting the Trump family has recently reduced its stake in WLFI. As of June 2025, the family is reported to hold a 40% ownership in the company.
Associated News Elements
- The related story Trump memecoin wallet in “absolute chaos” as family org unaware of launch
- The policy piece Trump’s crypto ventures raise conflict of interest, insider trading questions
