The exclusive nature of World Liberty Financial's native token, WLFI, is set to change dramatically. Initially launched as a cryptocurrency accessible only to accredited investors, a recent community vote has paved the way for the "average Joe" to soon be able to purchase the President Trump-backed digital asset from exchanges.
According to its official website, the native token of World Liberty Financial will soon become available for broader trading, a move intended to "begin the next phase of community ownership and engagement." WLFI functions as World Liberty’s native governance token, empowering its holders to vote on key operational decisions for the project. Beyond its governance utility, the token's newfound tradability opens avenues for market participation and liquidity."
This would mark a major milestone in the development of the World Liberty Financial ecosystem and opens the door for broader community participation, access, and protocol development," the project's website stated. While specific details on which exchanges will list WLFI were not immediately revealed, the website indicated strong community and partner demand affirmed the timing was right for this crucial step.
The Ethereum-based project's tokens were initially distributed with strict limitations. A portion of these previously inaccessible tokens will now be unlocked for public sale, with remaining allocations subject to longer, staggered unlock schedules for core team members and early supporters.
World Liberty Financial is a decentralized finance (DeFi) project that garnered significant attention last year when it was first teased by President Trump's son, Eric. The initiative is spearheaded by DeFi builders Chase Herro and Zak Folkman, in collaboration with the Trump family and the Witkoff family.
Billed as a platform aiming to offer crypto lending and borrowing services, World Liberty Financial has yet to fully launch its core functionalities. While details on its full rollout remain somewhat vague, those behind the project have consistently championed the transformative potential of the DeFi space. DeFi, a burgeoning sub-sector of the cryptocurrency industry, seeks to replace traditional financial services like banks by leveraging blockchain technology to power autonomous applications without intermediaries. However, it remains a nascent and inherently risky environment, susceptible to hacks and significant investor losses.
President Trump's involvement with the project has drawn considerable scrutiny. Lawmakers, predominantly Democrats, have voiced concerns regarding potential conflicts of interest, particularly given the substantial financial gains the Trump family has reportedly garnered from token sales. President Trump himself recently disclosed a $57.3 million windfall from the project's token sales, further fueling these ethical debates.
July 2025, Cryptoniteuae