WLFI Token Unlocked for Trading with 99.94% Approval

World Liberty Financial token holders have overwhelmingly voted in favor of unlocking WLFI tokens for trading, with 99.94% of the votes cast supporting the proposal. This decision, submitted by the WLFI team on July 9 and approved on July 17, marks a significant milestone for the token, paving the way for public trading and increased community engagement. The proposal, which aimed to solicit community input, received an overwhelmingly affirmative response, with 11.1 billion tokens voting "Yes," equivalent to 99.94% of the total votes.

The tradability of the WLFI token is a major development for the World Liberty Financial project, as it allows token holders to speculate freely on the token's value. Previously, the token was non-transferable and offered governance rights and access to Trump-linked events. The unlocking of the token coincides with the broader rollout of Trump-themed crypto ventures, including the $TRUMP memecoin, which is also seeing a major supply boost this week.

The WLFI token has deep ties to the Trump family, with his three sons listed as advisors to the protocol. Steve Witkoff, a longtime Trump ally now serving as U.S. special envoy to the Middle East, is also involved alongside his sons, who co-founded the project. In October, World Liberty disclosed that a Trump-linked entity, DT Marks DEFI LLC, would receive 22.5 billion tokens. A recent financial disclosure showed Trump personally held 15.75 billion WLFI at the end of 2024.

The move to unlock WLFI is already drawing political fire. Democrats, including Sen. Elizabeth Warren and Rep. Maxine Waters, have raised alarms over what they call a “staggering” conflict of interest between Trump’s policy influence and his financial ties to crypto projects. Waters’ office was blunt in a statement on Sunday: “The $TRUMP memecoin serves NO purpose. It only has value because of Trump’s name. It exists solely to extract money from investors and sell access to the White House.”

For now, WLFI is expected to begin trading soon, though the team noted that tokens held by founders, advisors, and core contributors will remain locked on a longer vesting schedule to show “long-term commitment and alignment.” This decision is expected to increase community engagement and speculation on the token's value, as well as pave the way for future developments in the World Liberty Financial project.