The post A Critical Development on Donald Trump’s Altcoin WLFI: Anticipated Vote Ends appeared on BitcoinEthereumNews.com.

Investors in World Liberty Financial (WLFI), one of the cryptocurrency ventures owned by the Donald Trump family, have voted to open the tokens for trading. This move, approved today, will now allow the platform’s tokens to be traded on exchanges, potentially significantly increasing the value of the Trump family’s holdings. World Liberty, a “decentralized finance” (DeFi) initiative launched by the Trump family and their associates last fall, offered investors digital tokens called WLFI and a stablecoin. However, these tokens were initially non-tradable, with token holders only given the right to vote on changes such as the platform’s underlying code structure. The biggest draw for investors was the direct connection to Trump’s name. This connection had fueled expectations that the tokens would appreciate in value over time. Now, the tokens’ ability to be traded on the open market could increase speculative interest and potentially earn trading fees for crypto exchanges where they are listed. Once the tokens become available for trading, the value of the Trump family’s holdings could increase. While the exact amount of tokens held by the family has not been disclosed, Trump’s company, DT Marks DEFI LLC, was scheduled to receive 22.5 billion of the 100 billion tokens, according to the project’s launch documents. According to publicly released financial reports, President Trump held 15.75 billion WLFI tokens as of the end of 2024. The Trump family has earned approximately $500 million to date through the World Liberty platform. However, this development also raises ethical questions. Democratic Senator Elizabeth Warren and Representative Maxine Waters wrote in a letter to the US Securities and Exchange Commission (SEC) that the Trump family’s financial interests in World Liberty pose an “unprecedented conflict of interest.” The letter stated that these interests could influence the Trump administration’s regulatory stance toward the crypto sector. The…

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Filed under: News - @ July 17, 2025 12:27 pm