Trump’s WLFI Token To Launch For Public Trading
1. WLFI – Trump-Backed Token Set for Public Launch
Following an internal vote, World Liberty Financial’s WLFI token is now preparing for public exchange trading. Previously, the token was sold exclusively to accredited investors.
According to the project's official website:
"This marks a significant milestone as we enter the next phase of community ownership and engagement."
2. What Is WLFI?
WLFI is the governance token of the World Liberty Financial platform, built on the Ethereum blockchain. It allows holders to:
- Vote on project development decisions
- Trade WLFI on crypto exchanges
The official statement also notes:
"With strong demand from the community and partners, this is seen as the right time to make WLFI tradable."
A portion of WLFI tokens will be unlocked for public sale, while the rest will follow a longer vesting schedule.
3. Who’s Behind World Liberty Financial?
The project was first revealed by Eric Trump (son of former President Donald Trump), and developed by DeFi builders Chase Herro and Zak Folkman, with involvement from the Trump and Witkoff families.
While the platform has yet to officially launch, it aims to offer services like:
- Crypto lending and borrowing
- Decentralized, peer-to-peer trading
Experts warn that DeFi remains a high-risk space prone to hacks, fund losses, and regulatory uncertainty.
Mr. Trump announced the WLFI token sale event (on X)
4. Controversy: Trump Earned Millions from WLFI Token
Democratic lawmakers have expressed concerns over conflicts of interest after Donald Trump disclosed $57.3 million in profits from WLFI token sales.
"Trump reportedly earned $57.3 million from the WLFI token sale." – according to dailyhodl ,recent financial disclosure documents.
5. Should You Invest in WLFI?
WLFI presents a new opportunity in the growing DeFi sector and carries the Trump brand influence. However, potential investors should carefully weigh regulatory risks, transparency, and political complications related to the project.