World Liberty Financial filed a community governance proposal on Independence Day to enable WLFI token trading across decentralized exchanges. The Trump family simultaneously reduced their stake from 75% to 55% to address conflict of interest concerns.
By Ibrahim Ajibade
Editor Marco T. Lanz
Updated
3 mins read
On July 4, World Liberty Financial filed a proposal to open WLFI token trading, marking a major decentralization milestone.
World Liberty Financial (WLFI), a decentralized finance protocol co-founded by members of President Donald Trump’s family, formally launched a community governance proposal to make the WLFI token tradable across decentralized exchanges. In a symbolic move on US Independence Day, the proposal was announced via the protocol’s governance forum.
Now open for voting, the initiative aims to transition WLFI from its current closed system, where tokens are locked within the platform, toward an open-participation model that facilitates price discovery, peer-to-peer trading, and broader utility.
According to WLFI’s published roadmap, this shift is key to enabling stakeholders to participate more actively in governance decisions, including emissions schedules, ecosystem incentives, and treasury operations.
🇺🇸 On this Independence Day, we’re making history.
The proposal to make $WLFI tradable is now live. Crypto is coming home — and there’s no better day to let freedom ring.
Happy 4th of July from your friends at WLFI and from the new crypto capital of the world. 🌎
🦅 ☝️…
— WLFI (@worldlibertyfi) July 4, 2025
“Crypto is coming home,” the WLFI team stated in a post shared via social media. “There’s no better day to let freedom ring,” they added, linking the milestone to the nation’s founding ideals of financial independence and market transparency.
If passed, the proposal could reduce legislative scrutiny from lawmakers who have raised concerns about President Donald Trump’s personal ties to crypto. Increased decentralization could help WLFI meet new regulatory standards for digital asset platforms in the US.
Further affirming the push for decentralization, President Trump’s family has taken steps to reduce its concentrated ownership of WLFI. According to a Forbes report, DT Marks DeFi LLC, the entity representing the Trump family’s interest in WLFI, reduced its stake from 75% to 55% in June 2025.
This move follows mounting criticism from Democratic legislators, who argue that the president’s deep financial ties to crypto projects pose a potential conflict of interest.
WLFI’s latest push toward a fully decentralized governance model may serve to shield the protocol from further political pressure and enhance its legitimacy among institutional players.
As WLFI charts a new path toward open governance and token tradability, crypto users and investors need a secure, powerful wallet to navigate this transition. Best Wallet is emerging as the go-to tool for managing governance tokens, DeFi positions, and multichain assets with unmatched ease.
Currently in presale, $BEST token holders gain early access to new listings like WLFI and benefit from reduced transaction fees, boosted staking rewards, and governance participation. With Solana, Ethereum, and soon WLFI integrations, Best Wallet is designed to keep pace with global standards.
Visit the official Best Wallet platform to enter the $BEST token presale.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
Ibrahim Ajibade is a seasoned research analyst with a background in supporting various Web3 startups and financial organizations. He earned his undergraduate degree in Economics and is currently studying for a Master’s in Blockchain and Distributed Ledger Technologies at the University of Malta.
