Trump-Backed WLFI Tokenholders Approve Trading, Market Launch Ahead?

Tokenholders of World Liberty Financial WLFI, a crypto project endorsed by U.S. President Donald Trump, have voted overwhelmingly to make its governance tokens tradable. The proposal, submitted by the WLFI team on July 9, closed on Wednesday with a near-unanimous 99.94% in favor, marking a significant shift from a closed ecosystem to broader market participation. According to the WLFI team, the approval will allow peer-to-peer transactions and secondary market trading of the governance tokens, enabling more holders to engage directly in protocol decisions. “This includes voting on emissions, ecosystem incentives, and future treasury actions,” the team noted in its proposal, calling the move “the first step in handing greater influence to the community.” Unlock Plan and Governance Transition The WLFI team clarified that the token unlock will occur in stages rather than all at once. A detailed launch plan is expected soon, with only a portion of the tokens sold to early supporters eligible for trading during the initial phase. The remaining tokens will require a second community vote to determine their unlock and release schedule. Tokens held by the project’s founders, team members, and advisers will remain locked for now, with future unlock timelines and eligibility requirements yet to be defined. This cautious phased approach aims to manage market volatility while transitioning WLFI to an “open participation” model, aligning the protocol’s long-term incentives with broader adoption. World Liberty initially sold WLFI tokens in two rounds: the first in October 2024, selling 20 billion tokens at $0.015 each, raising around $300 million, and the second in January 2025 at $0.05 per token, adding another $250 million from five billion tokens sold. Speculation Expected as WLFI Tokens Enter Market The move to make WLFI tokens tradable is expected to open the door to speculation and price discovery within the crypto markets. The project team noted that it will continue focusing on ecosystem expansion while maintaining close alignment between token incentives and protocol adoption. To support compliance, blockchain intelligence platform TRM Labs has been engaged to monitor transactions as trading goes live. WLFI launched in September 2024 with endorsements from Donald Trump and his sons Eric, Donald Jr., and Barron Trump. The president reported a $57 million profit from the project in a June financial disclosure but has reduced the family’s stake in the platform since December 2024, now holding around 40% as of June 2025. The post Trump-Backed WLFI Tokenholders Approve Trading, Market Launch Ahead? appeared first on TheCoinrise.com .

Source: The Coin Rise