WLFI Token Proposal Aims to Transform Trump’s Digital Asset Profile
World Liberty Financial Institution (WLFI), a DeFi initiative linked to Donald Trump, has unveiled a significant tokenomics shift. This move proposes transforming the WLFI governance token into a fully tradable asset.
On July 4, WLFI announced the draft plans, sparking early market interest. Several decentralized exchanges like MEXC,BingX,and LBank have already listed WLFI for pre-market trading. This speculation has led to a near 2.5% increase in Trump’s visible crypto wallet in just one day.
Community approval is still needed before the token becomes fully tradable. Trump, noted as the “chief crypto advocate” on WLFI’s site, stands to gain substantially. His crypto portfolio,tracked by Arkham Intelligence,now sits at $1.41 million, primarily boosted by this renewed interest in WLFI.
The move underscores a broader strategy. Trump’s official wallet, mainly holding supporter-donated assets like TROG and TRUMP coin, hints at just a fraction of his crypto involvement. Forbes estimates he has earned $246 million post-tax from crypto ventures, projecting up to $1 billion in total gains.
- trump holds 22.5 billion WLFI tokens.
- A family entity receives 75% of net revenue once a $30 million threshold is hit.
World leaders’ melding of crypto and politics faces scrutiny. Lawmakers have introduced bills targeting such conflicts. Senators like Jeff Merkley aim to limit presidential involvement in digital asset markets,reflecting growing concerns over blurred lines between governance and business in the crypto space.