World Liberty Financial plans to allow transfer and trading of governance token

World Liberty Financial (WLFI) proposed to make its governance token transferable and tradable across the crypto ecosystem, transitioning to an “open participation” model. The token currently exists in a closed system, hindering governance pool and price discovery. If approved, tokenholders can vote on emissions, incentives, and treasury policy.

The Trump family reduced its stake in WLFI by 20% in June, with DT Marks DeFi LLC managing their investment. President Trump reported a $57 million profit from WLFI in June, adding $620 million to his net worth through crypto projects. Cryptocurrencies make up 9% of his $6.4 billion net worth, attracting legislative scrutiny.

Read more at Cointelegraph: World Liberty Financial proposes shift to open governance system