Trump's $800 million stake into World Liberty Financial's token now has a timeline to becoming sellable
Blockchain data reveals that Donald Trump's $800 million stake in World Liberty Financial tokens is subject to a new vesting schedule with a two-year cliff. This timeline aligns with potential new ethics legislation that may require government officials to divest from crypto holdings.
Why it matters
The intersection of high-profile political figures and cryptocurrency assets raises significant questions regarding ethics, transparency, and potential conflicts of interest.
Six wallets holding World Liberty Financial's insider allocation of WLFI tokens entered a vesting contract in May that sets a timetable for the previously locked tokens to eventually become sellable, blockchain data show .
One of those wallets holds about 14 billion of WLFI after the required burn, which is the same amount disclosed as President Donald Trump’s ‘founder allocation’ stake of Trump’s family-linked company’s token.
While the roughly $800 million in tokens (at the current price of WLFI) are still not immediately sellable, the new schedule is the closest map to when the president's stake could be turned into cash. The vesting schedule imposes a two-year cliff, meaning the first unlock would not occur until 2028.
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