• 99.94% of WLFI token holders approved making the token tradable, with 11.1 billion tokens cast in favour.
  • Early supporters will receive phased unlocks; team and adviser holdings remain locked pending a future vote.
  • Trumps significant ownership and the platforms political ties have raised conflict of interest concerns.

World Liberty Financial has secured approval from its community to make its WLFI token tradable, with a landslide 99.94% of 11.1 billion tokens supporting the move. The proposal enables peer-to-peer transfers and secondary market listings, transitioning the platform from a closed system to open market access.

First introduced on 4 July and open for on-chain vote on 9 July, the proposal formally closed on 16 July. It received support from nearly all participating wallet addresses, with users expressing motivations ranging from financial gain to support for Trump.

The platform has drawn significant attention since its launch in late 2023, with token buyers citing the former presidents involvement as a primary motivator. While the exact holdings are unclear, Trump was disclosed to own 15.75 billion WLFI tokens at the end of 2024, part of an initial 22.5 billion allocation.

Tokens held by early backers will unlock in stages following implementation. However, those belonging to the founding team and advisers will remain restricted, subject to a longer-term release plan to be decided via another community vote. World Liberty has stated that implementation will begin within a reasonable time.

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Despite the potential financial upside, the project has attracted scrutiny from lawmakers. Democratic leaders have argued that Trumps financial interest in WLFI presents a conflict of interest, particularly as his administration shapes crypto regulation. Critics say this could lead to preferential treatment or lax oversight of the digital asset industry.

WLFI also supports the USD1 stablecoin and offers DeFi lending and borrowing features. While details about when trading will start remain pending, World Liberty says the change is a step towards creating a more transparent and accessible financial system.

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