World Liberty Monetary, the crypto enterprise linked to US President Donald Trump, is getting ready to launch an audit of its stablecoin and hinted that its governance token, WLFI, could quickly be transferable.
Talking on the Permissionless convention in Brooklyn on Wednesday, co-founder Zak Folkman instructed Blockworks’ Jason Yanowitz that the corporate’s stablecoin had lately acquired its first attestation report from an accounting agency.
Folkman added that the attestation report will likely be printed on the mission’s web site “throughout the subsequent few days.” He additionally urged a major shift could also be coming for WLFI, the mission’s governance token.
“I don’t wish to give away an excessive amount of,” he mentioned, “however in the event you concentrate over the following couple of weeks, I feel everybody… goes to be very, very completely happy.” WLFI presently grants voting rights however is nontransferable.
Folkman added that World Liberty plans to launch a brand new app geared toward making crypto simpler to make use of for retail contributors, a transfer that might broaden the platform’s attraction forward of the election cycle.
Associated: Trump administration mulls ‘debanking’ government order: WSJ
WLFI to change into transferable
Confirming the information in a latest X put up, World Liberty Monetary mentioned that its WLFI token could quickly change into transferable, following rising demand from its neighborhood.
“You requested to make $WLFI transferable — we heard you,” the mission mentioned, including that the crew is actively working behind the scenes to allow the change. The message concluded with a promise of “huge information coming quickly.”
Nonetheless, the announcement acquired blended reactions. Whereas some expressed pleasure about with the ability to purchase WLFI, others have been skeptical.
“Translation: Staff is attempting to dump their provide,” X person Clemente wrote. “Not simply the crew however retail buyers and foreigners. American center class will leap in lastly to carry the bag as ordinary,” one other person claimed.
Associated: Trump Media says $400M inventory buyback gained’t have an effect on BTC treasury plans
Trump earns huge from crypto
Donald Trump has reported incomes $57.4 million from World Liberty Monetary. In response to his 2025 monetary disclosure filed with the Workplace of Authorities Ethics, Trump holds over 15 billion governance tokens within the mission, which include voting rights. The earnings comes from token gross sales.
World Liberty Monetary has raised $550 million by means of two public token gross sales since its launch in September 2024. The platform focuses on DeFi providers and dollar-pegged stablecoins, branding itself as a disruptor of conventional finance.
The mission has attracted notable crypto buyers, together with Tron founder Justin Solar, who bought $30 million value of WLFI tokens, and Web3Port, which invested $10 million. Oddiyana Ventures additionally joined as a backer in early 2025.
Journal: MapleStory apologizes for cheaters, Tokyo Beast blows up in Japan, FIFA Rivals: Web3 Gamer
