World Liberty Financial (WLFI) Announces Governance Token with Trump Family Participation

World Liberty Financial (WLFI) Crypto Project Announcement

The team behind the World Liberty Financial (WLFI) crypto initiative, which has garnered attention through endorsements from former President Donald Trump and his sons, recently confirmed during a live audio stream on X Spaces that they are preparing to launch a governance token. This token, as clarified by the team, will be non-transferable and will not confer any economic rights to its holders. The project’s focus is on attracting participants interested in governance rather than those seeking financial returns.

In terms of distribution, 63% of the token supply will be available for public sale, while 17% is earmarked for user rewards and the remaining 20% allocated to the team. CoinDesk reported earlier on some preliminary details of the project, which included a draft white paper. Currently, the token will only be offered to accredited investors, operating under a Regulation D exemption from the Securities and Exchange Commission (SEC). This exemption allows companies to raise capital without needing to register their securities with the SEC, primarily targeting accredited investors or engaging in small, private offerings.

Zak Folkman, one of the project’s founders, articulated the vision during the stream, stating, “Our goal is to build projects that are easy and simple to use, where you don’t need to phone a friend to get a walkthrough.” Although the team did not disclose a specific launch date for the token during the nearly two-and-a-half-hour session, they attracted an impressive audience of over 100,000 listeners.

Polymarket Betting Insights

A Polymarket contract that questioned whether Trump would launch a coin before the upcoming election saw its ‘Yes’ side peak at over 80% during the live broadcast. However, as the stream concluded, the percentage dropped to as low as 22%. Throughout the discussion, several members of the Trump family participated, sharing their perspectives on the cryptocurrency landscape.

• Donald Trump Jr. expressed his belief that decentralized finance (DeFi) aligns with the ideals of the founding fathers, emphasizing that it restores fairness to the financial system. He noted, “Venture Capitalists are flipping sides over crypto,” citing endorsements from prominent figures like David Sacks and Elon Musk.
• Eric Trump added that DeFi must become more user-friendly for the average person, sharing his own challenges while “looping Ethereum on Aave,” a decentralized lending platform.
• Former President Donald Trump participated in the X Spaces session for the first 40 minutes, where he refrained from discussing the project directly. Instead, he offered his views on the evolving landscape of crypto public policy, stating, “Crypto’s one of those things we have to do, whether we like it or not.”

In a related Polymarket contract that invited users to speculate on what Trump would say during the stream, options included terms like “Solana,” “Memecoin,” “Milady,” and “Doge.” Despite these themes being present in the betting market, the former president did not mention any of them during the discussion. He did, however, reference “Crypto” multiple times—over five occurrences—and made a single mention of “NFT.”