WLFI Token Trading Approved by Community with 99.94% Support

The proposal to make the $WLFI token tradable has been officially approved by the community on July 17. WLFI serves as the governance token of World Liberty Financial, a decentralized finance (DeFi) protocol reportedly backed by U.S. President Donald Trump and members of his family.

Launched for voting on July 10, the proposal secured a total of 20,935 votes, with an overwhelming 99.94 percent in favor. In addition to enabling WLFI to become tradable, the proposal also expands the protocol’s governance framework. This will allow more token holders to take part in major decisions, including token emissions, ecosystem incentives, and treasury operations.

The approval follows strong demand from the community and protocol partners, who believe that making WLFI tradable is a necessary step forward in the project’s growth.

Although the full launch plan has not yet been released, the official website has outlined a series of proposed next steps if the proposal is approved. These include enabling token tradability, conducting KYC rescreening via Sumsub, and distributing tokens to eligible early supporters. The roadmap also calls for initiating community governance through a second vote on remaining token unlocks, expanding the ecosystem through new partnerships, and implementing transaction monitoring with TRM Labs.

In March 2025, the project successfully completed its token sale, raising $590 million. Among the key backers was Tron founder Justin Sun, who contributed $30 million to the fundraising effort.

World Liberty Financial Portfolio

On July 16, on-chain analysts reported that World Liberty Financial spent $10 million USDC to purchase 3,007.4 ETH at an average price of $3,325, reflecting continued accumulation. According to on-chain data, the fund has spent a total of $352 million since December to acquire 12 different assets, with ETH making up over 60 percent of the portfolio.

Analyst @EmberCN noted that the portfolio, which recorded an unrealized loss of $157 million in April when ETH fell below $1,500, has now returned to breakeven, assuming the assets were not sold.

While the team previously stated on social media that no sales occurred, most of the assets were later transferred to Coinbase Prime. This makes it difficult to independently verify whether any assets were sold after the transfer. If the group’s statements are accurate and the assets were held throughout, the recent rebound in ETH’s price has restored the portfolio’s value.