Trump’s World Liberty Financial Announces Approval of WLFI Token Spot Trading and Unlock Schedule for Early Investors

Trump’s World Liberty Financial crypto tokens WLFI approved for trading – Details

In a major development, Trump’s World Liberty Financial has officially approved the spot trading of its native crypto token, WLFI. The decision was unanimous, with over 99% of participants voting in favor of the proposal that was first floated on July 9th.

As announced by the project, early backers will be able to unlock a portion of their tokens once spot trading goes live. However, the remaining supply of tokens sold to early investors, including Tron founder Justin Sun who invested $52.5 million in the project, will undergo a community vote to determine the unlock and release schedule.

The WLFI token is a governance token, meaning it will be used for voting on community decisions and proposals, as well as within the project’s broader ecosystem, which includes its memecoin platform 1776.Meme.

It’s worth noting that Polymarket bettors had expected the spot trading launch to push the valuation of WLFI to $13 billion FDV (fully diluted valuation), which would translate to a price tag of $0.13 per token – an astonishing 767% or 8.7x increase from its initial coin offering price of $0.015.

Whether or not this will come to pass remains to be seen, as the cryptocurrency market is known for its unpredictability.

Source: ambcrypto.com