There have been new developments for US President Donald Trump and his family’s cryptocurrency project, World Liberty Financial (WLFI).
According to Bloomberg, WLFI announced plans to publish its stablecoin audit and launch a new app.
Speaking at the Permissionless Conference in Brooklyn, New York, World Liberty Financial co-founder Zak Folkman noted that the WLFI token has received significant interest from public companies looking to use it as a treasury asset.
At this point, Zak Folkman said the team is working to make WLFI transferable and listable.
Folkman also noted that they plan to publish the first audit of their stablecoin USD1 in the coming days.
” You asked us to make WLFI transferable, and we heard you. The team is working behind the scenes to make it happen. Big news coming soon.
Our governance token WLFI may soon be available for trading.
We have also completed an accounting audit for the USD1 stablecoin and will be making it public soon.”
Currently, WLFI is locked in users’ wallets. It grants voting rights to platform participants but is not traded in the market and is not traded on exchanges and cannot be bought or sold.
However, Folkman’s statement sparked speculation that the WLFI, which grants voting rights to its members, could be listed.
WLFI, which has a total supply of 100 billion, has raised $550 million through public sales of more than 25 billion tokens in two fundraising rounds.