World Liberty Financial, a company owned by the family of United States President Donald Trump, approved a new system of benefits for large-volume investors in its WLFI cryptocurrency. In practice, anyone who buys and holds the equivalent of US$5 million in tokens for 180 days will have “guaranteed direct access” to the project team to discuss “possible partnerships”.
The decision was approved in a governance vote in a Decentralized Finance (DeFi) environment, where voters are not identified. The proposal received 99.12% approval from current cryptocurrency users, with 1,800 votes. According to the specialized website CoinDesk, more than 76% of the tokens used in voting came from just 10 wallets, which indicates a strong concentration of power among a few participants.
In practice, anyone interested in accessing the team must first purchase the equivalent of US$5 million in WLFI and leave the tokens locked for six months.
In a statement to Reuters On Sunday, WLFI spokesperson David Wachsman said this “direct access” refers to the business development team and executives, not specific founders. According to him, the benefit also does not guarantee that a partnership will be closed.
However, the project’s institutional document itself lists Eric Trump and Barron Trump, sons of the American president, as well as Zach and Alex Witkoff, sons of Steven Witkoff, Trump’s special envoy to the Middle East, as part of the team.
World Liberty Financial is the same company that, according to a report by Wall Street Journal published in February, had .
