The World Liberty Financial (WLFI) token is set to trade following a successful community vote conducted on September 16, 2024.
World Liberty Financial's Market Debut
World Liberty Financial (WLFI) has made a significant entry into the market with support from Donald Trump and his sons. The project raised **$550–$590 million**, establishing it as a prominent player in DeFi. A community vote with a 99.94% approval led to the commencement of trading phases.
Impact of Community Voting on Launch
Donald Trump, acting as 'chief crypto advocate,' holds 15.75 billion tokens in a notable indirect role. Justin Sun, who invested $30 million, also contributes as an advisor, while co-founder Zak Folkman leads operational directions.
> "The community has officially voted — and the results were overwhelming. ✅ $WLFI will be tradable... Standby for the full launch plan — coming soon." - *Donald Trump*
Expectations in Financial Markets
Financial disclosures indicate a considerable impact from the presale, and community decisions emphasize decentralized governance. Increased liquidity and speculative trading are anticipated once trading starts. The combination of Trump's endorsement and Sun's advisory role might influence DeFi trends, potentially affecting the Ethereum and Tron ecosystems.
The launch of the WLFI token may lead to significant changes in the financial market, including potential volatility and regulatory scrutiny.
