Trump's $800 Million WLFI Holdings Moved to Vesting Contract, Earliest Sale in 2028
On-chain data reveals that 1.4175 billion WLFI tokens associated with Donald Trump were transferred to a vesting contract on May 19. The vesting schedule requires an initial 10% burn, followed by a two-year cliff and a three-year linear release, meaning the tokens cannot be sold until at least May 2028. The contract now holds 4.61 billion WLFI, nearly half of the total supply, which has been reduced to 9.67 billion. World Liberty Financial spokesperson David Wachsman stated that the founders voluntarily opted into these strict lock-up conditions following a community governance vote.
Summaries are written by AI from the original article. Not investment advice.