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    Home » Trump-backed crypto platform opens voting to make WLFI token tradable
    News 13 hours ago

    Trump-backed crypto platform opens voting to make WLFI token tradable

    1 Min ReadEdie DamionBy Edie Damion
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    10-7-2025 – World Liberty Financial, the crypto platform backed by President Donald Trump and his family, has opened community voting on a proposal to make its governance token WLFI tradable for the first time since launch.

    The proposal has received overwhelming support with more than 99% approval from tokenholders, with voting scheduled to conclude on July 16. The measure would unlock significant amounts of WLFI tokens for public trading, though founder and team tokens—including those held by Trump and his family—would remain locked and unavailable for immediate trading.

    Trump personally holds 15.75 billion governance tokens and disclosed $57.4 million in income from the crypto business in June. According to Bloomberg reporting, the president added at least $620 million to his personal portfolio through crypto investments, including World Liberty Financial. The Trump family has reportedly reduced its stake in the company from majority control to 40% as of June.

    The voting comes as Congress considers the GENIUS Act, stablecoin legislation that previously faced Democratic opposition over Trump’s connections to World Liberty and its USD1 stablecoin. The company announced that an Abu Dhabi-based firm would use the stablecoin to settle a $2 billion Binance investment.

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