Trump-backed Ethereum World Liberty Token set to launch in the market

The #WLFI Ethereum-based tokens, part of the World Liberty Financial cryptocurrency project backed by President Trump, will soon be publicly traded. After the vote on Wednesday, everyday users will be able to buy and sell WLFI, marking an important milestone in expanding community ownership.

WLFI: From professional investors to the public

Previously, the tokens of the World Liberty Financial project were only available to professional investors. However, according to the announcement on the project's website, WLFI, the native governance token of #WorldLibertyFinancial , will soon be publicly traded. This opens up the "next phase of ownership and community participation".

World Liberty Financial is a decentralized finance (DeFi) project introduced by President Trump's son, Eric, for the first time last year. The project is run by DeFi developers Chase Herro and Zak Folkman, along with the Trump family and the Witkoff family. The project is marketed as a platform offering cryptocurrency lending and borrowing services, although details about the implementation remain vague.

Lawmakers, particularly Democrats, have expressed concerns about President Trump's conflict of interest with this project, especially as the Trump family has profited millions of USD from token sales. President Trump recently revealed a profit of 57.3 million USD from the project's token sales. #anhbacong