World Liberty Financial’s WLFI token holders closed today with overwhelming support for governance proposals to make tokens tradeable. There are some lingering questions about the rollout, but WLFI is entering a new era.
Trump’s family and other founders will maintain a way to benefit from this arrangement as the tokens are not unlocked in the first round. This will allow future sales after retail investors raise the price of WLFI.
WLFI is now available for trading
President Trump has several crypto ventures, but the world’s Liberty Financial is a key element of his new business empire. It launched USD1 Stablecoin, partnering with foreign governments, and boosted Trump’s meme coin.
World Liberty announced plans to make WLFI tradeable a few weeks ago, and an official governance proposal was opened earlier this month.
WLFI is on the surface a governance token, but this proposal was the first time a token holder had voted on a serious topic. Their response was overwhelming as 99.94% of voters supported the measure.
Still, as Reuters pointed out, there are a few unanswered questions. It is not clear how the company will make WLFI tradeable or when this will occur.
World Liberty’s proposal does not specify a clear timetable and the company has yet to make an official announcement confirming the vote. However, he told the publication “additional details are approaching.”
To be clear, tradeable WLFIs are still very interesting. Trump’s family quietly reduced its global stake in freedom, but still receives a majority of its revenue from the initial token sale. Second-hand sales in the open market could reduce this revenue stream.
But that could be a bit of controversy as Trump holds huge reserves of WLFI. Furthermore, the governance proposal explicitly states that “founders, teams, and advisors tokens are not unlocked first and are subject to a longer unlock schedule than early supporters.”
In other words, when WLFI becomes available for trade, Trump’s family will hold their own tokens for a certain period of time. The market seems to be in high demand for these assets and likely to be highly valued. This gives the President the opportunity to continue the benefits of WLFI in the future.
This means it is difficult to predict what will happen once the WLFI is tradeable. Early investors have the opportunity to make money on their first purchases, and Trump also maintains a way of continuing to accumulate capital.
But much of the details are still in the air.
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