World Liberty Financial (WLFI), a DeFi project associated with Trump, has recently voted to allow its tokens to be publicly traded. An overwhelming 99.94% of token holders supported the decision. This marks a significant transition from its initial exclusive access for accredited investors.

⚡️ $WLFI is now set to be tradable; with more than 11 billion votes backing the proposal. Although it has been approved, details on the timeline for further updates remain unclear.

Governance Tokens Going Tradable, But Slowly

The WLFI team clarified that not all tokens would be available immediately. A fraction belonging to early investors will initially be released, with the possibility of further releases pending additional approval. The majority of tokens committed to the founders and advisors will remain locked under a long-term plan.

WLFI aims to shift from a closed model to an open market, allowing everyday traders to participate. The WLFI team has recently purchased $10 million in Ethereum, emphasizing strong project demand despite no confirmed centralized exchange listings.

$550 Million Raised, and Trump Family’s Gradual Exit

Serving as a foundation for its crypto project, WLFI successfully raised $550 million in two token sales. However, recent reports show a decrease in the Trump family’s stake as they continue to profit from the venture, indicating their ongoing influence despite reduced holdings.

Looking Ahead for WLFI

The move towards making WLFI tokens freely tradable is just the beginning. Plans for expansion into lending and rewards are underway, with compliance oversight provided by TRM Labs. As WLFI transitions into the public market, volatility akin to other Trump-affiliated projects is anticipated, driven largely by profit-seeking early investors.