Trump-affiliated crypto platform World Liberty Financial (WLF) is preparing to publish its first audit report for USD1, its native stablecoin, as the project edges closer to enabling transfers for its WLFI governance token. The announcement was made during the Permissionless conference in Brooklyn, where WLF co-founder Zak Folkman revealed the company had finalized an attestation with a third-party accounting firm. The report is expected to be publicly released within days.
Currently, WLFI tokens are non-transferable and serve solely as governance instruments, granting holders voting rights on key decisions. But according to Folkman, that may soon change.
“If you pay attention over the next couple of weeks,” he told Blockworks,
“I think everyone… is going to be very, very happy.”
This cryptic remark, coupled with hints of “significant changes,” has fueled speculation that WLF will soon open token transfers—an important shift that could create liquidity and new investor dynamics.
The company is also developing a mobile app designed to simplify crypto onboarding for everyday users, part of a broader push to grow its community ahead of the U.S. election season. The app will integrate stablecoin functionality and governance features into a user-friendly interface, targeting crypto-curious retail participants.
WLFI Transferability Confirmed as Community Reacts
WLF later confirmed plans to enable WLFI transfers via a post on X, acknowledging growing demand from its supporter base. “You asked to make $WLFI transferable — we heard you,” the company stated. While details on the timing remain under wraps, the team promised that “big news” is on the way.
The reaction across social media has been divided. Some celebrated the announcement as a step toward a more dynamic token economy, with users eager to trade or accumulate WLFI once it hits the open market. Others, however, questioned the timing and motives, suggesting the move could provide insiders with an opportunity to exit at favorable valuations.
Critics noted that liquidity events like these, especially involving political figures, can blur the line between public influence and private enrichment. One user wrote, “Translation: Team is trying to dump their supply.” Another warned that retail investors may once again end up holding the bag, echoing long-standing concerns about fair distribution and transparency.
Trump’s Crypto Earnings Raise Eyebrows
President Donald Trump, who has positioned himself as a crypto-friendly President, has earned more than $57 million from his association with WLF, according to his latest public financial disclosures. The report, filed with the U.S. Office of Government Ethics, reveals that Trump holds over 15 billion WLFI tokens, generating income through token sales and related activity.
Since its launch in September 2024, World Liberty Financial has raised over $550 million via public token offerings. The project pitches itself as a decentralized finance (DeFi) alternative to traditional banking, anchored by its stablecoin USD1 and governance token WLFI.
The platform has also secured backing from prominent figures in the Web3 space. Tron founder Justin Sun reportedly purchased $30 million worth of WLFI, while Web3Port and Oddiyana Ventures also participated in the early rounds. These investments lend credibility—but also draw attention to the increasingly blurred lines between politics, crypto finance, and public influence.
Quick Facts
- World Liberty Financial will release an attested audit of its USD1 stablecoin within days.
- The WLFI governance token will soon become transferable, ending its current non-trading status.
- Donald Trump has earned over $57 million from WLF, holding 15B+ WLFI tokens.
- The project has raised $550 million to date and is backed by major Web3 investors.
