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Trump Family’s WLFI Token Drops on First Day of Trading With Market Cap Near $6 Billion

The debut delivered paper gains for Trump‑affiliated holders despite insider lockups, fueling conflict‑of‑interest scrutiny.

Overview

  • WLFI briefly touched about $0.40 before sliding to roughly $0.23 on its first day, implying a market value near $6 billion, according to CoinMarketCap data.
  • Trump‑linked entities hold around 22.5 billion WLFI tokens under unspecified lockups, and the Financial Times estimated Donald Trump’s personal stake at more than $3.6 billion on paper.
  • WLFI was introduced as a governance token, and at launch some early non‑founder investors were allowed to sell up to one‑fifth of their holdings after buying in at about 1.5 cents, the Wall Street Journal reported.
  • World Liberty Financial has stated that the Trump family is entitled to three‑quarters of proceeds from token sales.
  • Democratic lawmakers and ethics experts cite potential conflicts of interest and reported Binance investments tied to a WLFI dollar‑pegged coin, while the White House rejects any conflict.