With a proposal to convert WLFI into tradeable tokens, the cryptocurrency market is responding to changes associated with the project supported by former President Donald Trump.
Proposal to Transform WLFI into a Tradeable Token
On July 4, World Liberty Financial, a Trump-affiliated DeFi venture, proposed a major tokenomics shift that would convert its WLFI governance token into a tradable asset. While WLFI remains locked in a non-transferable state for now, decentralized exchanges including MEXC, BingX, and LBank have already listed it for pre-market speculation.
Discrepancy Between Trump's Public and Private Crypto Portfolio
Currently, Trump's crypto portfolio, tracked by Arkham Intelligence, shows a balance of just over $1.41 million. However, his actual investment exposure in cryptocurrency extends far beyond this figure. According to Forbes, Trump has already banked $246 million in post-tax profits from his ventures in the space and could potentially receive up to $1 billion.
Political Risks of Trump's Crypto Experiment
Trump’s crypto strategy mirrors his business playbook: leverage personal brand equity, court speculative capital, and operate in regulatory gray zones. However, the WLFI proposal marks a pivotal turn—transforming a governance token into a liquid asset could test whether crypto markets perceive Trump-affiliated projects as legitimate ventures.
The future of WLFI is under community discussion, and its approval could significantly alter the market and Trump’s strategy in cryptocurrency investments.
