Trump and Founders Transfer Over 20 Billion WLFI to New Contract
Trump and other founders of World Liberty Financial have transferred over 20 billion WLFI to a new ownership contract, replacing the previous indefinite lock-up arrangement and setting a path for future liquidity. On May 19, four wallets simultaneously transferred their holdings to this contract, with one allocation matching the holdings disclosed by Trump, while the other three allocations are believed to correspond to those of his family members. According to governance rules passed in May, founders can choose to continue with the indefinite lock-up or opt for a new schedule: destroying 10% of their allocation, with the remaining tokens gradually unlocked over three years after a two-year lock-up period. Currently, these tokens cannot be sold. World Liberty Financial denies that these transfers are being prepared for sale.
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