{"id":488223,"date":"2025-07-04T21:45:09","date_gmt":"2025-07-04T20:45:09","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=488223"},"modified":"2026-05-20T00:07:12","modified_gmt":"2026-05-19T23:07:12","slug":"trump-backed-world-liberty-financial-seeks-community-vote-on-token-mobility","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/trump-backed-world-liberty-financial-seeks-community-vote-on-token-mobility\/","title":{"rendered":"Trump-backed World Liberty Financial seeks community vote on token mobility"},"content":{"rendered":"<p><a href=\"https:\/\/cryptoslate.com\/companies\/world-liberty-financial\/\">World Liberty Financial<\/a>, the decentralized finance platform linked to U.S. President <a href=\"https:\/\/cryptoslate.com\/people\/donald-trump\/\">Donald Trump\u2019s<\/a> family, has unveiled a proposal that would allow its WLFI governance token to become transferable and tradeable across the wider crypto market.<\/p>\n<p>Currently confined within its own protocol, the WLFI token cannot be traded externally, restricting price discovery and limiting participation in governance. The team initially <a href=\"https:\/\/cryptoslate.com\/world-liberty-financial-advances-wlfi-plans-amid-public-interest\/\">hinted at the new proposal<\/a> last month.<\/p>\n<p>The new proposal aims to shift the project toward a more open and decentralized model by enabling token trading on secondary markets such as decentralized exchanges and peer-to-peer platforms.<\/p>\n<p>If the community endorses the plan, holders of WLFI tokens will gain expanded voting powers over key areas, including token emissions, ecosystem incentives, and treasury management.<\/p>\n<p>The initiative comes as Trump\u2019s deep involvement in digital assets continues to draw criticism from Democratic lawmakers, who have raised concerns over potential conflicts of interest. Transitioning WLFI to a decentralized structure could ease some of the political pressure currently stalling comprehensive crypto regulation efforts in Congress.<\/p>\n<p>The Trump family recently <a href=\"https:\/\/cryptoslate.com\/trump-family-cuts-stake-in-world-liberty-financial-by-20\/\">reduced its ownership stake<\/a> in World Liberty Financial by 20%, down from an initial 75% holding. Financial disclosures filed in June showed that President Trump had recorded $57 million in profits from WLFI alone.<\/p>\n<p>Across his broader digital asset portfolio, including the Official Trump memecoin, non-fungible token sales, and holdings in other cryptocurrencies, Trump\u2019s net worth has grown by an estimated $620 million. Digital assets now account for about 9% of his total $6.4 billion fortune.<\/p>\n<p>In June, Democratic Congressman Adam Schiff introduced the COIN Act in response to the president's crypto ventures. The act seeks to prohibit the President, executive branch officials, and their immediate families from issuing or promoting specific cryptocurrencies while in office.<\/p>\n<p>WLFI is also conducting an independent audit of its <a href=\"https:\/\/cryptoslate.com\/coins\/world-liberty-financial-usd\/\">USD1<\/a> stablecoin, which is seen as having strong potential to become a significant player in the market.\u00a0USD1 currently has a circulating supply of $2.2 billion and was recently <a href=\"https:\/\/cryptoslate.com\/world-liberty-financial-airdrops-47-usd1-stablecoin-in-symbolic-stimulus-nod-to-donald-trumps-presidency\/\">airdropped to WLFI holders<\/a> to test on-chain distribution.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>World Liberty Financial, the decentralized finance platform linked to U.S. President Donald Trump\u2019s family, has unveiled a proposal that would allow its WLFI governance token to become transferable and tradeable across the wider crypto market. Currently confined within its own protocol, the WLFI token cannot be traded externally, restricting price discovery and limiting participation in [&hellip;]<\/p>\n","protected":false},"author":1250,"featured_media":462635,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,46940,77968,79325,76736],"tags":[],"prediction_market_topic":[],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Trump-backed World Liberty Financial seeks community vote on token mobility<\/title>\n<meta name=\"description\" content=\"Proposal to make WLFI token transferable could decentralize governance and alleviate regulatory hurdles.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/trump-backed-world-liberty-financial-seeks-community-vote-on-token-mobility\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trump-backed World Liberty Financial seeks community vote on token mobility\" \/>\n<meta property=\"og:description\" content=\"Proposal to make WLFI token transferable could decentralize governance and alleviate regulatory hurdles.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/trump-backed-world-liberty-financial-seeks-community-vote-on-token-mobility\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2025-07-04T20:45:09+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-05-19T23:07:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/01\/wlfi-world-liberty.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Assad Jafri\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Assad Jafri\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/trump-backed-world-liberty-financial-seeks-community-vote-on-token-mobility\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/trump-backed-world-liberty-financial-seeks-community-vote-on-token-mobility\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/assad-jafri\/#person\",\"name\":\"Assad Jafri\",\"url\":\"https:\/\/cryptoslate.com\/author\/assad-jafri\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/assad-jafri\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/assad-jafri\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/02\/cs-syed.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2022\/02\/cs-syed.jpg\",\"caption\":\"Assad Jafri\"},\"jobTitle\":\"Former Editor & Reporter\",\"description\":\"AJ, a passionate journalist since Yemen's 2011 Arab Spring, has honed his skills worldwide for over a decade. 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