World Liberty Financial Seeks Community Approval for WLFI Token Trading

World Liberty Financial, a crypto project with ties to former U.S. President Donald Trump and his sons, has initiated a governance vote to potentially make its WLFI token tradable across public markets. The proposal, which went live on July 9, has already garnered overwhelming support from the community. Currently, the WLFI token is restricted to the platform and cannot be traded on external exchanges. If the vote, set to close on July 16, passes, it would mark the first step toward making the token transferable, thereby unlocking broader participation in World Liberty Financial’s ecosystem. This move is seen as a step toward greater decentralization within the project.

The proposal follows a period of growing momentum within the WLFI community. Enabling transferability would allow WLFI to be traded on decentralized exchanges and integrated into peer-to-peer markets. This would expand access, facilitate price discovery, and provide users with new ways to participate in governance decisions, including emissions schedules, incentive programs, and treasury management. However, the team has not yet confirmed an exchange listing.

Despite criticism due to its links to the Trump family, who reportedly hold about 40% of the WLFI supply, the current vote does not mention any political connections. According to the voting page, tokens held by the founders, team, and advisors will remain locked for now and will not be included in the initial unlock. Trading will begin in phases if the vote passes, with supporters able to unlock some of their tokens and Know Your Customer checks restarting for new users. A second vote is expected to follow, which will help decide the timing for unlocking other tokens.

World Liberty Financial is also working on USD1, its stablecoin, which was recently distributed via airdrop to WLFI holders. With a current supply of $2.2 billion, the token is being audited by a third party to ensure it complies with regulations. The protocol plans to integrate monitoring tools from blockchain analytics firm TRM Labs as part of its next phase. Despite ongoing concern from lawmakers, including a bill that would restrict government officials from promoting crypto, WLFI token holders appear ready to move ahead.