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Trump-backed WLFI moves toward market debut with tradability vote
World Liberty Financial, the decentralized finance firm launched by the Trump family in 2024, is taking a major step toward opening its network to the public, proposing to make its WLFI token transferable for the first time.
The governance proposal, now up for community vote, would unlock WLFI trading on peer-to-peer and secondary markets, grant partial liquidity to early supporters, and launch a broader system of token based governance.
Founders and insiders including Trump family members, who collectively hold 60% of the token supply would remain under extended lock-up periods to prevent insider sell offs. The move signals a new phase for the Trump backed DeFi project, which has become a significant financial asset for the president, and aims to boost community ownership and participation in protocol decision making.
The firm announced the effort on Friday, July 4: “On this Independence Day, we’re making history. The proposal to make $WLFI tradable is now live. Crypto is coming home and there’s no better day to let freedom ring. Happy 4th of July from your friends at WLFI and from the new crypto capital of the world.”