World Liberty Monetary, the crypto enterprise linked to US President Donald Trump, is making ready to launch an audit of its stablecoin and hinted that its governance token, WLFI, might quickly be transferable.
Talking on the Permissionless convention in Brooklyn on Wednesday, co-founder Zak Folkman advised Blockworks’ Jason Yanowitz that the corporate’s stablecoin had not too long ago acquired its first attestation report from an accounting agency.
Folkman added that the attestation report will probably be revealed on the challenge’s web site “inside the subsequent few days.” He additionally recommended a major shift could also be coming for WLFI, the challenge’s governance token.
“I don’t wish to give away an excessive amount of,” he stated, “however for those who concentrate over the subsequent couple of weeks, I feel everybody… goes to be very, very glad.” WLFI at present grants voting rights however is nontransferable.
Folkman added that World Liberty plans to launch a brand new app aimed toward making crypto simpler to make use of for retail individuals, a transfer that might broaden the platform’s enchantment forward of the election cycle.
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WLFI to grow to be transferable
Confirming the information in a current X publish, World Liberty Monetary stated that its WLFI token might quickly grow to be transferable, following rising demand from its group.
“You requested to make $WLFI transferable — we heard you,” the challenge stated, including that the workforce is actively working behind the scenes to allow the change. The message concluded with a promise of “massive information coming quickly.”
Nonetheless, the announcement acquired combined reactions. Whereas some expressed pleasure about with the ability to purchase WLFI, others had been skeptical.
“Translation: Group is attempting to dump their provide,” X consumer Clemente wrote. “Not simply the workforce however retail buyers and foreigners. American center class will leap in lastly to carry the bag as normal,” one other consumer claimed.
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Trump earns massive from crypto
Donald Trump has reported incomes $57.4 million from World Liberty Monetary. In keeping with his 2025 monetary disclosure filed with the Workplace of Authorities Ethics, Trump holds over 15 billion governance tokens within the challenge, which include voting rights. The revenue comes from token gross sales.
World Liberty Monetary has raised $550 million by way 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 challenge has attracted notable crypto buyers, together with Tron founder Justin Solar, who bought $30 million price of WLFI tokens, and Web3Port, which invested $10 million. Oddiyana Ventures additionally joined as a backer in early 2025.
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