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5 months ago

Trump-Backed Crypto Project World Liberty Financial Votes to Go Public

World Liberty Financial (WLFI), a cryptocurrency project associated with the Trump family, has voted to make its tokens tradable on the open market. A community vote passed with nearly unanimous approval, signaling a shift from a closed network accessible only to accredited investors. The project raised $550 million through two token sales in October 2024 and January 2025. While the proposal has been approved, the timeline for the token release is currently unclear, with only a portion of early investor tokens being initially unlocked, and tokens held by founders and advisors subject to longer-term lockup periods. No centralized exchange listings have been announced, but the project's website indicates strong demand prompted the move to public trading. The Trump family has reduced its stake in WLFI to 40% as of mid-2025, with Donald Trump reporting a $57 million profit. WLFI plans to expand into lending, borrowing, and ecosystem rewards, and has engaged TRM Labs to ensure regulatory compliance.

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