The cryptocurrency venture World Liberty Financial, associated with U.S. President Trump, is preparing to release its stablecoin audit report and hinted that its governance token WLFI may soon have transferability features enabled.
At the Permissionless conference held in Brooklyn on Wednesday (June 25), co-founder Zak Folkman revealed to Blockworks' Jason Yanowitz that the company's stablecoin recently received its first certification report from an accounting firm.
Folkman further stated that the certification report will be published on the project's official website "in the coming days." He also hinted that significant changes may be coming for the project's governance token WLFI.
"I don't want to reveal too many details," he noted, "but if you pay close attention to the developments in the coming weeks, I think everyone will be very, very pleased." Currently, WLFI grants holders voting rights but is non-transferable.
Folkman added that World Liberty plans to launch a new application aimed at simplifying the cryptocurrency usage process for retail participants, which is expected to expand the platform's influence ahead of the election cycle.
World Liberty Financial confirmed in a recent post on the X platform that, in response to the growing demand from the community, its WLFI token may soon have transferability features enabled.
"You asked for $WLFI to be transferable — we have received feedback," the project stated, adding that the team is actively working behind the scenes to implement this change. The announcement concluded with a promise of "major news coming soon."
However, the announcement has sparked mixed reactions. Some are excited about the opportunity to acquire WLFI, while others remain skeptical.
X user Clemente commented, "Translation: The team is trying to offload their holdings." Another user claimed, "Not just the team, but retail investors and foreigners. The American middle class will end up holding the bag as usual."
Reports indicate that Donald Trump received $57.4 million from World Liberty Financial. According to his 2025 financial disclosure submitted to the government ethics office, Trump holds over 15 billion governance tokens with voting rights. This income comes from token sales.
Since its launch in September 2024, World Liberty Financial has raised $550 million through two rounds of public token sales. The platform focuses on DeFi services and dollar-pegged stablecoins, positioning itself as a disruptor of the traditional financial system.
The project has attracted several prominent cryptocurrency 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 supporter in early 2025.
Related: Analyst: Michael Saylor's strategy has a 91% probability of qualifying for the S&P 500 in the second quarter.
Original article: “Trump-backed World Liberty to release stablecoin audit report, making WLFI transferable”
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