Trump-Linked WLFI Token May Soon Be Transferable, Stablecoin Audit Incoming
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World Liberty Financial, the crypto venture linked to US President Donald Trump, is preparing to release an audit of its stablecoin and hinted that its governance token, WLFI, may soon be transferable. Speaking at the Permissionless conference in Brooklyn on Wednesday, co-founder Zak Folkman told Blockworks’ Jason Yanowitz that the company’s stablecoin had recently received its first attestation report from an accounting firm. Folkman added that the attestation report will be published on the project’s website “within the next few days.” He also suggested a significant shift may be coming for WLFI, the project’s governance token. “I don’t want to give away too much,” he said, “but if you pay attention over the next couple of weeks, I think everyone… is going to be very, very happy.” WLFI currently grants voting rights, but they are nontransferable. Folkman added that World Liberty plans to launch a new app aimed at making crypto easier to use for retail participants, a move that could broaden the platform’s appeal ahead of the election cycle. Zak Folkman, left, talking to Blockworks’ Jason Yanowitz. Source: Permissionless Related: Trump administration mulls ‘debanking’ executive order: WSJ WLFI to become transferable Confirming the news in a recent X post, World Liberty Financial said that its WLFI token may soon become transferable, following growing demand from its community. “You asked to make $WLFI transferable — we heard you,” the project said, adding that the team is actively working behind the scenes to enable the change. The message concluded with a promise of “big news coming soon.” WLFI token to become transferable. Source: WLFI Still, the announcement received mixed reactions. While some expressed excitement about being able to acquire WLFI, others were skeptical. “Translation: Team is trying to dump their supply,” X user Clemente wrote. “Not just the team but retail…
Filed under: News - @ June 26, 2025 9:27 pm