World Liberty Financial token holders have voted to unlock WLFI tokens, making the Trump-connected asset tradable. A proposal submitted by the WLFI team on July 9 was approved on Wednesday, garnering 99.94% support.
“This proposal is presented to solicit community input and formally initiate the tradability of the token,” the team wrote in a summary last week. “This would mark a major milestone in the development of the World Liberty Financial ecosystem and opens the door for broader community participation, access, and protocol development.”
Making the tokens tradable will open the door to speculation and price discovery. World Liberty sold WLFI tokens in two tranches of $0.015 and $0.05. The tokens were not transferable when first offered, but gave holders the right to vote on protocol decisions and access to Trump.
In May, for instance, Trump held a gala dinner for the top holders of the TRUMP memecoin, including Tron founder Justin Sun.
According to the proposal, this governance vote is a step toward transitioning the World Liberty protocol “from closed to open participation” and “begin the next phase of community ownership and engagement.”
Only tokens sold to early backers will be unlocked, with the remainder of the 100 billion total WLFI supply to be “subject to a second vote by the community to determine the unlock and release schedule.”
Further, the team notes that the protocol founders, team, and advisor tokens “will be subject to a longer unlock schedule than early supporters to demonstrate long-term commitment and alignment with the success of the protocol.”
World Liberty counts President Donald Trump’s three sons as advisors. Close Trump associate Steve Witkoff — now serving as the U.S. special envoy to the Middle East — has also been named an advisor along with his sons, World Liberty co-founders Zach and Alex Witkoff.
In October, the project disclosed that a Trump-connected company, DT Marks DEFI LLC, would receive 22.5 billion WLFI tokens. The president held 15.75 billion of the tokens at the end of last year, according to a public financial disclosure report published last month, accounting for a significant portion of the Trump family’s crypto wealth.
Bloomberg estimates crypto venture proceeds make up about $620 million of the Trump family’s $6.4 billion net worth, including approximately $390 million received from World Liberty’s token sale.
Trump has drawn criticism from lawmakers over his ever-growing crypto interests, which now include a bitcoin mining venture and stablecoin. Democratic Senator Elizabeth Warren and Democratic Representative Maxine Waters sent a letter to the U.S. Securities and Exchange Commission earlier this year arguing the Trump family’s financial stake in World Liberty “represents an unprecedented conflict of interest.”
© 2025 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Trade Crypto On Coinhub Exchange
Trade Crypto On Coinhub Exchange
Stay ahead of the market by turning news insights into trading opportunities. With Coinhub Exchange, you can seamlessly buy, sell, and manage your digital assets, all in one secure platform. Take advantage of real-time market insights, deep liquidity, and fast execution for your favorite cryptocurrencies. Don’t just read about it — trade crypto now!
Disclaimer
The content of this article shown by Coinhub News, powered by The Block, is for informational purposes only and should not be construed as financial, legal, tax, or investment advice. Coinhub News and its affiliates are not a licensed financial advisor, legal advisor, broker, or tax advisor, and ... should not be considered as professional advice or a recommendation to engage in any specific investment, legal decision, or financial transaction. Cryptocurrency markets are highly speculative and volatile. Readers should perform their own independent research and consult with a qualified professional before making any financial or legal decisions. The opinions expressed in this article are those of the author and do not necessarily represent the views or opinions of the Company of its affiliates. Additionally, the Company does not make any representations or warranties regarding the accuracy, timeliness, reliability, or completeness of any information in this article. By accessing this content, you acknowledge that any reliance on the information contained in this article is solely at your own risk. The Company is not responsible for any financial losses, legal disputes, or other damages that may arise from reliance on this content or from any investment or legal decisions based on the information provided. Investing in cryptocurrencies involves substantial risks, including the risk of losing your entire investment, and you should carefully consider whether it is appropriate for your circumstances.
Read more
