Token Drops 12% in Trading Debut After Exchange Listing
#WorldLibertyFinancial‘s governance token fell approximately 12% to $0.246 during its first day of public trading on major cryptocurrency exchanges. The $WLFI token initially traded above $0.30 before declining as early investors began selling portions of their holdings.
The #Trump family’s decentralized finance project achieved a total market capitalization approaching $7 billion, making 
$WLFI the 31st-largest crypto token in circulation. Several major #exchanges, including Binance, OKX, and Bybit, began offering the tokens on their platforms Monday.
Early investors can now sell up to 20% of their holdings after voting in July to make the tokens tradable. The tokens were previously locked and only provided holders voting rights on business changes rather than market speculation opportunities.
World Liberty Financial launched last year as a DeFi platform backed by President Trump, his sons, and Middle East special envoy Steve Witkoff. The Trump family has generated approximately $500 million from the project, according to Reuters calculations based on company terms and publicly disclosed transactions.
The project created 100 billion total tokens, selling roughly 25% for a face value of $550 million to initial investors. President Trump held 15.75 billion $WLFI tokens at year-end, which at current trading prices would be worth approximately $3.6 billion.
Democratic lawmakers and government ethics experts have criticized the Trump family’s cryptocurrency ventures as potential conflicts of interest. The criticism centers on the family reshaping digital currency regulatory frameworks while simultaneously profiting from #blockchain businesses.
The White House has repeatedly stated that Trump’s assets are managed in a trust controlled by his children, denying that any conflicts of interest exist.