TLDR

World Liberty Financial launched a governance vote on July 9 to make its WLFI token tradable on public markets
The vote shows over 99% support from roughly 5 billion tokens and closes on July 16
Trump family tokens and founder tokens will remain locked initially and won’t be part of the first unlock
The project is also working on USD1 stablecoin which was distributed to WLFI holders via airdrop
Trading would begin in phases if the vote passes, with KYC checks resuming for new users

World Liberty Financial has opened a governance vote that could make its WLFI token tradable across public markets for the first time. The proposal launched on July 9 through the platform’s governance portal and shows strong community support.

The proposal to make $WLFI tradable is now live for voting 🗳️

After receiving overwhelming support on the forum, it’s clear: the community is ready.

Let freedom ring — and bring crypto home. 🇺🇸 🦅

Vote now:https://t.co/wZpg3bplKa

— WLFI (@worldlibertyfi) July 9, 2025

The WLFI token is currently locked within the platform and cannot be traded on external exchanges. If the vote passes, it would mark the first step toward making the token transferable and unlocking broader participation in the ecosystem.

Early results show overwhelming support from the community, with more than 99% approval from roughly five billion tokens cast. The poll is scheduled to close on July 16, giving token holders one week to participate in the decision.

The crypto project is tied to U.S. President Donald Trump and his sons, who launched the business in 2024 alongside co-founders Chase Herro and Zak Folkman. According to Bloomberg reporting, Trump disclosed $57.4 million in income from the crypto business in June, personally holding 15.75 billion governance tokens.

Phased Trading Approach

If approved, trading will begin in phases rather than all at once. The proposal states that tokens held by founders, team, and advisors will stay locked for now and won’t be included in the initial unlock. This appears to include tokens held by Trump and his family members.

The Trump family has reportedly been reducing its stake in World Liberty since December 2024. They currently hold about 40% of the company as of June, down from previous levels.

Supporters will be able to unlock some of their tokens if the vote passes. Know Your Customer checks will restart for new users as part of the rollout process.

A second vote is expected to follow the current proposal. This subsequent vote will help decide the timing for unlocking other tokens in the system.

Stablecoin Development Continues

World Liberty Financial is also working on USD1, its stablecoin project. The token was recently distributed via airdrop to WLFI holders and has a current supply of $2.2 billion.

The stablecoin is being audited by a third party to ensure regulatory compliance. The protocol plans to integrate monitoring tools from blockchain analytics firm TRM Labs as part of its next development phase.

Eric Trump announced in May that an Abu Dhabi-based company would use the USD1 stablecoin to settle a $2 billion investment in Binance. The announcement came during broader discussions about stablecoin regulation in Congress.

The House of Representatives has been addressing crypto-related legislation, including the GENIUS Act which aims to regulate payment stablecoins in the US. The bill previously faced pushback from Democratic lawmakers over Trump’s connections to World Liberty and the USD1 stablecoin.

The post World Liberty Financial Opens Vote to Make WLFI Token Tradable appeared first on CoinCentral.

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Filed under: News - @ July 10, 2025 9:26 am