Key Takeaways
- World Liberty Financial will launch the governance token WLFI.
- WLFI will be offered only to accredited investors under SEC Regulation D.
- 63% of the tokens will be sold to the public, with 20% for the team.
World Liberty Financial, a project endorsed by former President Donald Trump and his sons, confirmed the upcoming launch of its governance token WLFI. The team behind the project revealed during a two-hour Spaces event on X that the token will be non-transferable and available only to accredited investors under an SEC Regulation D exemption.
During the stream, attended by over 100,000 listeners, it was emphasized that WLFI will not provide economic rights, with 63% of tokens sold publicly, 17% allocated for user rewards, and 20% reserved for the team. The project is focused on governance participation rather than financial returns.
Zak Folkman, one of the project’s founders, explained:
Our goal is to build projects that are easy and simple to use, where you don’t need to phone a friend to get a walkthrough.
Although a launch date for WLFI was not disclosed, the announcement sparked widespread interest.
Donald Trump Jr. shared his enthusiasm for decentralized finance (DeFi) during the session, while Eric Trump called for improvements in user accessibility.
Donald Trump noted that it aligns with:
… what our founding fathers intended for the country.
Former President Trump participated briefly but did not discuss the project directly, focusing instead on his broader views on public policy regarding Bitcoin.
