The Coin Rise
2025-06-26 12:17:12

Trump-Linked Crypto Project Teases WLFI Token Transferability: Details

World Liberty Financial (WLF), the crypto venture associated with the U.S. President Donald Trump , is preparing for two key developments: the release of an independent audit of its stablecoin reserves and a potential update that could allow its governance token, WLFI, to become transferable. Audit Report Incoming Speaking at the Permissionless conference in Brooklyn on Wednesday, co-founder Zak Folkman confirmed that the project has received its first attestation report from a third-party accounting firm. He stated that the report would be made public on the company’s website “within the next few days,” marking a step toward increasing transparency. Folkman also hinted at upcoming changes to WLFI, which currently grants holders governance rights but cannot be traded or transferred. While withholding details, he said that the next few weeks would likely bring welcome news to the WLFI community. On social media platform X, World Liberty Financial acknowledged growing user demand for WLFI transferability, posting, “You asked to make $WLFI transferable — we heard you,” and teasing “big news coming soon.” Mixed Reactions, Major WLFI Backers The response from the crypto community has been mixed. Some users expressed excitement at the prospect of finally being able to trade WLFI tokens, while skeptics questioned the motives behind the move. One user on X speculated it was a setup for insiders to liquidate their holdings, while another warned that retail investors might be left “holding the bag.” Despite the criticism, World Liberty Financial continues to draw high-profile support. Since its launch in September 2024, the project has raised $550 million through two public token offerings. It positions itself as a DeFi platform centered on stablecoins, aiming to disrupt traditional financial systems. According to his 2025 financial disclosure, Donald Trump earned $57.4 million from the project , largely from token sales. He currently holds more than 15 billion WLFI tokens, giving him significant governance power. Notable crypto figures have backed the venture, including Tron’s Justin Sun with a $30 million investment, Web3Port with $10 million, and Oddiyana Ventures joining in early 2025. The post Trump-Linked Crypto Project Teases WLFI Token Transferability: Details appeared first on TheCoinrise.com .

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