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The team behind World Liberty Financial (WLFI), a well-known crypto project associated with President Donald Trump and his family, has announced a delay in unlocking tokens held by co-founders, advisors, and team members.
The decision comes amid growing speculation about token distribution and private sales ahead of WLFI's trading debut, according to Cryptopolitan.
To reassure retail investors, WLFI confirmed that there will be no additional private sale rounds. Instead, the focus now shifts to early public participants, particularly those who purchased tokens during the initial offering at $0.015 and $0.05. Only a small portion of those tokens will be unlocked at launch, while all remaining allocations — including OTC deals — will be subject to a community vote after launch.
WLFI emphasized that the team is in no rush to access their tokens and that trust and community governance remain the top priorities. A second community vote will ultimately determine the unlock schedule for internal holdings, including those of founders and advisors.
In a recent update, the WLFI team confirmed the cancellation of a new presale and introduced a rewards-based distribution system instead. The project is working with major centralized exchanges (CEXs) to allow users to earn WLFI tokens through platforms they already use.
“We are launching the WLFI rewards program, not another presale,” the team stated. “A new path for everyone to join the liberty movement!”
Although the launch date has yet to be confirmed, the team hinted at waiting for a “massive alignment” with key partners before going live. They assured the community that both centralized and decentralized trading options would be available at launch.
WLFI was initially available only to accredited investors, but following a community vote, access was expanded to the general public. The project, co-founded by Chase Herro, Zak Folkman, and members of the Trump and Witkoff families, is positioned as a DeFi governance token for World Liberty Financial — a lending and borrowing platform still under development.
President Trump recently disclosed $57.3 million in income related to WLFI, drawing scrutiny from political opponents. Nevertheless, WLFI continues to gain traction, pledging transparency and inclusive access as it approaches its highly anticipated debut.
Read also: WLFI’s $150 million liquidity claim refuted as false