{"id":113927,"date":"2025-09-02T10:08:12","date_gmt":"2025-09-02T10:08:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/113927\/"},"modified":"2025-09-02T10:08:12","modified_gmt":"2025-09-02T10:08:12","slug":"trumps-world-liberty-financial-tokens-begin-trading","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/113927\/","title":{"rendered":"Trump\u2019s World Liberty Financial tokens begin trading"},"content":{"rendered":"

Open this photo in gallery:<\/a><\/p>\n

Donald Trump Jr. and Eric Trump pose outside the Nasdaq building in August after ringing the opening bell to celebrate the closing of ALT5\u2019s $1.5-billion offering and adoption of its $WLFI Treasury Strategy at the Nasdaq Market.Eduardo Munoz\/Reuters<\/p>\n

The digital tokens backing the Trump family\u2019s cryptocurrency venture, World Liberty Financial, fell in value on Monday in their first day of trading.<\/p>\n

The World Liberty tokens, known as $WLFI, were sold to investors after the Trump family and its business partners last year launched the venture, a decentralized finance platform that has also issued a stablecoin.<\/p>\n

Investors in the tokens voted in July to make them tradable, paving the way for their sale and purchase \u2013 and potentially boosting the value of the president\u2019s holdings of them.<\/p>\n

Early investors can sell up to 20% of their holdings, World Liberty has said.<\/p>\n

The tokens initially traded above $0.30 in their Monday debut but later fell in price. They were down about 12% at $0.246 as of 1840 GMT, according to CoinGecko data.<\/p>\n

That gave the token a total market capitalization of just below $7 billion, making WLFI the 31st largest crypto token in circulation, CoinGecko data showed.<\/p>\n

Several of the world\u2019s biggest cryptocurrency exchanges, including Binance, OKX and Bybit, are offering the tokens on their platforms.<\/p>\n

Since World Liberty\u2019s launch last year, the Trump family has made around US$500-million from the project, according to Reuters calculations based on the company\u2019s terms and conditions, transactions traced by crypto analysis firms, and publicly disclosed deals.<\/p>\n

The tokens were not made tradable at their initial sale. <\/p>\n

Instead, they gave holders the right to vote on some changes to the business, such as its underlying code. <\/p>\n

Early investors have said the primary draw of $WLFI was the connection to U.S. President Donald Trump and their expectations that the tokens would grow in value due to his backing.<\/p>\n

Making the tokens tradable allows investors to determine their price, enabling speculation, earning trading fees for exchanges that list them, and likely stoking interest from a wider swath of crypto investors.<\/p>\n

World Liberty and Mr. Trump\u2019s other crypto businesses have faced criticism from Democratic lawmakers and government ethics experts who say the Trump family\u2019s forays into the cryptocurrency businesses, at the same time as the President reshapes the regulatory framework that governs digital currencies, represent profound conflicts of interest.<\/p>\n

The White House has said repeatedly that Mr. Trump\u2019s assets are in a trust managed by his children and that there are no conflicts of interest. <\/p>\n","protected":false},"excerpt":{"rendered":"Open this photo in gallery: Donald Trump Jr. and Eric Trump pose outside the Nasdaq building in August…\n","protected":false},"author":2,"featured_media":113928,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[901,888,902,879,877,903,45,49,48,876,895,896,891,878,875,46,549,295,894,887,914,880,881,893,889,890,884,904,885,909,910,912,907,911,905,908,882,898,899,714,897,906,865,61,900,892,886,883,913],"class_list":["post-113927","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-alberta","tag-arts-news","tag-bc","tag-breaking-news","tag-breaking-news-video","tag-british-columbia","tag-business","tag-ca","tag-canada","tag-canada-news","tag-canada-sports","tag-canada-sports-news","tag-canada-trafficcanada-weather","tag-canadian-breaking-news","tag-canadian-news","tag-economy","tag-education","tag-environment","tag-federal-government","tag-foreign-news","tag-globe-and-mail","tag-globe-and-mail-breaking-news","tag-globe-and-mail-canada-news","tag-government","tag-life-news","tag-lifestyle","tag-local-news","tag-manitoba","tag-national-news","tag-new-brunswick","tag-newfoundland-and-labrador","tag-northwest-territories","tag-nova-scotia","tag-nunavut","tag-ontario","tag-pei","tag-photos","tag-political-news","tag-political-opinion","tag-politics","tag-politics-news","tag-quebec","tag-sports-news","tag-technology","tag-travel","tag-trudeau","tag-us-news","tag-world-news","tag-yukon"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/113927","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=113927"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/113927\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/113928"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=113927"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=113927"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=113927"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}