World Liberty Financial has finally approved its governance token, $WLFI, for trading by token holders after submitting a proposal that received 99.94% support. The proposal was submitted on July 9, 2025. It marks a shift from its initial non-transferable status, which restricted it to governance voting rights within the WLFI ecosystem , to a tradable status. The WLFI token is now open to speculation, price discovery, and potential listings on exchanges. WLFI could increase in value and add more liquidity According to a summary written by the WLFi team last week, the proposal was presented to “solicit community input and formally initiate the tradability of the token.” “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,” the team further stated. Making the tokens tradable is also expected to open the door to speculation and price discovery. World Liberty sold its tokens in two tranches of $0.015 and $0.05. However, the tokens were not transferable initially at the first offering, only giving holders the right to vote on protocol decisions. It should be noted that only tokens sold to early backers will be unlocked for trading, with the rest of the 100 billion total WLFI supply requiring another vote that will determine the unlock and release schedule. Also, the team has stated that the protocol founders, team, and advisor tokens will have a longer unlock schedule than early supporters to demonstrate long-term commitment and alignment with the success of the protocol. Trump faces fresh criticism Trump reportedly held 15.75 billion WLFI tokens at the end of last year, according to a public financial disclosure report published last month, and has made approximately $390 million from World Liberty’s token sale . Bloomberg estimates crypto venture proceeds make up about $620 million of Trump’s $6.4 billion net worth. The subject continues to draw criticism from lawmakers, especially Democrats, who have sounded the alarm over his ever-growing crypto interests, which now include a Bitcoin mining venture and stablecoin. One of his most vocal critics has been Democratic Senator Elizabeth Warren and Democratic Representative Maxine Waters, who sent a letter to the U.S. Securities and Exchange Commission (SEC) earlier this year arguing the Trump family’s financial stake in World Liberty “represents an unprecedented conflict of interest.” White House Deputy Press Secretary Anna Kelly has responded to questions that have come up regarding this conflict of interest by reiterating the president’s vow to make America the crypto capital of the world and revolutionize its digital financial technology before clarifying that his assets are in a trust “managed by his children, and there are no conflicts of interest.” Also, an ethics white paper released by the Trump Organization in January has noted that the Constitution does not restrict a president from owning, operating, or managing a private business. However, in an attempt to “avoid even the appearance of any conflict,” the company has reportedly hired an outside ethics adviser, and Trump has plans to keep his assets in a trust and not manage the company directly. That adviser has now been fired at Trump’s behest. Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your Spot
