Trump family's WLFI governance token begins public trading

World Liberty Financial's WLFI governance token began public trading on Ethereum and multiple exchanges, unlocking roughly 24.67 billion of its 100 billion token supply.

What happened

WLFI had raised about $550 million from accredited investors in an earlier SEC-exempt presale. The public debut let retail markets buy into a venture in which the family holds a large equity and token stake, with proceeds and fees flowing to WLF's holding entity.

Why it matters

A crypto token co-founded by the president's sons converted a restricted presale into a publicly tradable asset while Trump's own regulators loosened crypto enforcement, letting the family venture capture broader market demand.

Source

CCN