Trump-Linked WLFI Token May Soon Be Transferable, Stablecoin Audit Incoming
World Liberty Financial is set to release an audit of its stablecoin and may soon allow the transfer of its governance token, WLFI. Co-founder Zak Folkman announced at the Permissionless conference that the first attestation report from an accounting firm will be published on the project’s website shortly. WLFI currently provides voting rights but is nontransferable. The company plans to launch a new app to enhance crypto accessibility for retail users, potentially increasing its appeal during the election cycle. Following community demand, World Liberty Financial confirmed efforts to make WLFI transferable, promising significant updates soon. Donald Trump has earned $57.4 million from the venture, holding over 15 billion WLFI tokens. The project has raised $550 million through two public token sales and aims to disrupt traditional finance with DeFi services and stablecoins. Notable investors include Tron founder Justin Sun and Web3Port.
