World Liberty Financial Officially Allows Trading of WLFI Governance Token After 99.94% Approval Proposal.
World Liberty Financial has reached an important milestone as the token-holding community officially approved the trading of WLFI Governance Token with an overwhelming 99.94% support rate. The proposal submitted on July 9, 2025, marks a fundamental transition from non-transferable to tradable status, opening up possibilities for speculation, market price establishment, and listing on trading platforms.
Previously, World Liberty sold WLFI tokens in two rounds at prices of $0.015 and $0.05, but these tokens initially only granted voting rights in protocol decisions without being transferable. According to the WLFI team's summary, this proposal was submitted to "gather community opinions and officially launch the token's trading capability".
The WLFI team stated that "this will be a significant milestone in the World Liberty Financial ecosystem's development and open doors for broader community participation, increasing accessibility and driving protocol development". The trading permission is expected to facilitate speculation and price discovery mechanisms.
However, only tokens sold to early investors will be unlocked for trading, while the remaining 100 billion WLFI tokens will require another vote to determine the unlocking and distribution schedule. Tokens belonging to founders, development team, and advisors will have a longer unlocking timeline to demonstrate long-term project commitment.
Conflict of Interest Controversy Surrounding Trump
This decision comes amid a wave of criticism targeting President Donald Trump's crypto activities. According to personal financial reports from the previous month, Trump is said to have held 15.75 billion WLFI tokens by the end of last year and earned approximately $390 million from World Liberty's token sale.
Bloomberg estimates that crypto investment returns account for about $620 million of Trump's total net worth of $6.4 billion. This continues to spark criticism from Democratic legislators about Trump's growing interest in the crypto sector, which now includes Bitcoin mining and stablecoin projects.
Senator Elizabeth Warren and Representative Maxine Waters sent a letter to the SEC earlier this year, arguing that the Trump family's financial stake in World Liberty "presents an unprecedented conflict of interest". They are concerned about the potential for policy decisions to be influenced by personal financial interests.
White House Deputy Press Secretary Anna Kelly responded by reiterating the President's commitment to making the United States a global crypto hub and revolutionizing digital financial technology. She clarified that Trump's assets are currently in a trust managed by his children and that "no conflict of interest exists".
An ethics memorandum published by the Trump Organization in January stated that the US Constitution does not prohibit a president from owning private enterprises. To "avoid even the perception of conflict of interest", the company hired external ethics advisors and Trump planned to place assets in a trust. However, this advisor was subsequently dismissed at Trump's request, further increasing doubts about transparency and independence in managing conflicts of interest.
