World Liberty Financial to Make WLFI Token Transferable, Audit Stablecoin

World Liberty Financial, a crypto venture linked to former U.S. President Donald Trump, is set to release an audit of its stablecoin and hinted at making its governance token, WLFI, transferable. This announcement was made by co-founder Zak Folkman during the Permissionless conference in Brooklyn. The company’s stablecoin has recently received its first attestation report from an accounting firm, which is expected to be published on the project’s website within the next few days. Folkman also suggested that significant changes may be coming for WLFI, which currently grants voting rights but is non-transferable.

Folkman’s remarks indicate a potential shift in the project’s strategy, aiming to make WLFI more accessible and usable within the decentralized finance (DeFi) ecosystem. This move aligns with the broader trend in the crypto industry towards greater liquidity and interoperability. By allowing token transfers, World Liberty Financial aims to attract more users and investors, potentially increasing its market presence and utility. The audit is crucial for building credibility and ensuring that the stablecoin is backed by sufficient reserves, which is essential for maintaining its peg to the U.S. dollar.

World Liberty Financial has also announced plans to launch a new app aimed at making crypto easier to use for retail participants. This move could broaden the platform’s appeal, especially ahead of the election cycle. The project has already raised significant funds through two public token sales since its launch in September 2024, totaling $550 million. The platform focuses on DeFi services and dollar-pegged stablecoins, positioning itself as a disruptor of traditional finance.

The project has attracted notable crypto investors, including Tron founder Justin Sun, who purchased $30 million worth of WLFI tokens, and Web3Port, which invested $10 million. Oddiyana Ventures also joined as a backer in early 2025. The interest from these investors underscores the growing acceptance of cryptocurrencies as a viable asset class for institutional investors. The release of the stablecoin audit and the enablement of WLFI token transfers are expected to have a positive impact on the project's ecosystem, attracting more users and investors and enhancing its credibility and attractiveness to institutional investors.