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Binance Lists 'WLFI Token', First Exchange to Do So

Binance Lists 'WLFI Token', First Exchange to Do So

According to CoinGecko, the Trump-backed DeFi project’s WLFI debuted with $0.33/$0.23 range and early 12% losses, as governance-focused tokens begin trading following a shareholder vote enabling transferability.

USD1

Fact Check
The statement is well-supported by the evidence. Official Binance announcements (Sources 1 & 6) confirm the listing of the WLFI token. Furthermore, multiple independent news sources, including CoinDesk (Source 4), Yahoo Finance (Source 7), and mlq.ai (Source 12), explicitly state that Binance was the first exchange to list the token.
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Summary

World Liberty Financial announced the official launch of its WLFI token, positioning it as a governance asset within a DeFi ecosystem supported by President Donald Trump. CoinGecko data shows WLFI was down up to 12% around $0.24, after hitting a $0.33 high and $0.23 low. Established last October with Trump as “co-founder emeritus,” the company created 100 billion WLFI, selling about a quarter for $550 million face value. Tokens were initially non-tradeable and used for corporate voting until a vote last month allowed trading, implying a nominal market value near $6.4 billion at current prices. In the initial trading phase, 24.7 billion WLFI will be available, including 7.8 billion for a new “crypto treasury” with Nasdaq-listed ALT5 Sigma. Disclosures indicate Donald Trump held roughly 15.75 billion WLFI at year-end, valued about $3.6 billion at current prices. The firm also launched USD1, a dollar-pegged stablecoin with a $2.7 billion nominal total, with DWF Markets’ Andrei Grachev planning to shift $250 million of reserves into USD1. Senator Elizabeth Warren criticized potential conflicts of interest in an April letter. Donald Trump Jr. defended WLFI on X, calling it the “governance backbone” of a real ecosystem.

Terms & Concepts
  • DeFi (Decentralized Finance): A blockchain-based financial ecosystem offering services like lending, trading, and governance without traditional intermediaries.
  • Governance token: A crypto asset that grants holders voting rights over protocol or corporate decisions within a project’s ecosystem.
  • Stablecoin: A cryptocurrency pegged to a stable asset (e.g., USD) to reduce price volatility for transactions and reserves.