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Trump-supported token is opening for trading: Crypto fortunes will grow even more.
The token WLFI of World Liberty Financial, which is supported by U.S. President Donald Trump and known to the public as "Trump family's DeFi project," has received the approval needed to be traded. Token holders accepted the proposal presented by the WLFI team on July 9 with a high support of 99.94%.
In the proposal made last week, it was stated that "This proposal has been presented to gather the community's opinions and to officially initiate the trading of the Token. This step will be an important milestone in the development of the World Liberty Financial ecosystem and will pave the way for broad community participation, access, and protocol improvements."
World Liberty Financial had sold WLFI tokens at two different price levels of 0.015 and 0.05 dollars in the past few months, and the team had generated approximately 600 million dollars in revenue from this sale. The tokens have been locked since that date.
According to the accepted proposal, there will be a phased unlocking. Therefore, not all of the tokens will be available for trading. It is currently unclear when the locks will be lifted and when WLFI, which has a total supply of 100 billion, will begin trading. On the other hand, it was stated that the tokens belonging to the project's founders, team, and advisors will be subject to a longer unlocking period compared to the initial investors.
Among the advisors of World Liberty Financial are Donald Trump's three sons. Two of his sons, along with Steve Witkoff, one of Trump's closest business partners and currently serving as the U.S. Special Representative for the Middle East, are the founding partners of the project.
With the opening of WLFI to trading, a potential price increase is expected to significantly grow the Trump family's wealth. According to recent calculations, the Trump family's wealth is 6.4 billion dollars, of which 620 million dollars comes from the family's crypto ventures, including WLFI.
Published: July 16, 2025 23:27