World Liberty Financial, the crypto venture linked to US President Donald Trump, is preparing to release an audit of its stablecoin and hinted that its governance token, WLFI, may soon be transferable.Speaking at the Permissionless conference in Brooklyn on Wednesday, co-founder Zak Folkman told Blockworks Jason Yanowitz that the companys stablecoin had recently received its first attestation report from an accounting firm.Folkman added that the attestation report will be published on the projects website within the next few days.
He also suggested a significant shift may be coming for WLFI, the projects governance token.I dont want to give away too much, he said, but if you pay attention over the next couple of weeks, I think everyone...
is going to be very, very happy.
WLFI currently grants voting rights but is nontransferable.Folkman added that World Liberty plans to launch a new app aimed at making crypto easier to use for retail participants, a move that could broaden the platforms appeal ahead of the election cycle.Zak Folkman, left, talking to Blockworks Jason Yanowitz.
Source: PermissionlessRelated: Trump administration mulls debanking executive order: WSJWLFI to become transferableConfirming the news in a recent X post, World Liberty Financial said that its WLFI token may soon become transferable, following growing demand from its community.You asked to make $WLFI transferable we heard you, the project said, adding that the team is actively working behind the scenes to enable the change.
The message concluded with a promise of big news coming soon.WLFI token to become transferable.
Source: WLFIStill, the announcement received mixed reactions.
While some expressed excitement about being able to acquire WLFI, others were skeptical.Translation: Team is trying to dump their supply, X user Clemente wrote.
Not just the team but retail investors and foreigners.
American middle class will jump in finally to hold the bag as usual, another user claimed.Related: Trump Media says $400M stock buyback wont affect BTC treasury plansTrump earns big from cryptoDonald Trump has reported earning $57.4 million from World Liberty Financial.
According to his 2025 financial disclosure filed with the Office of Government Ethics, Trump holds over 15 billion governance tokens in the project, which come with voting rights.
The income comes from token sales.World Liberty Financial has raised $550 million through two public token sales since its launch in September 2024.
The platform focuses on DeFi services and dollar-pegged stablecoins, branding itself as a disruptor of traditional finance.The project has attracted notable crypto investors, including Tron founder Justin Sun, who purchased $30 million worth of WLFI tokens, and Web3Port, which invested $10 million.
Oddiyana Ventures also joined as a backer in early 2025.Magazine: MapleStory apologizes for cheaters, Tokyo Beast blows up in Japan, FIFA Rivals: Web3 Gamer