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World Liberty Financial“The cryptocurrency enterprise associated with US President Donald Trump is preparing to release third -party audit of his Stablecoin and introduce a new mobile application in the coming days, said Zak Folkman co -founder on Wednesday.
Folkman, who spoke at the conference without permission organized by BlookWorks in Brooklyn, said that the audit, completed by an independent accounting company, will be published soon.
This step comes when the company tries to strengthen confidence in its financial infrastructure and at the same time face intensive political control.
Folkman also teased the possibility of future changes in the WLFI platform token, which is currently not traded. “I don’t want to distribute too much, but if you pay attention in the next few weeks, I think everyone will be very, very happy,” he told the audience as he asked about the potential liquidity of the token.
WLFI, which started at the beginning of this year, has already created hundreds of millions of dollars for Trump’s family business. Token provides holders of voting rights to network proposals and plan decisions, but not ownership.
At the beginning of this month it revealed publication Trump personally received $ 57.35 million from the sale of WLFI tokens And still holds 15.75B in the company.
The project caused sharp criticism from democratic lawmakers and ethical guard dogs who claim to raise serious concerns about the conflict of interest.
They point to timing because Trump has supported deregulatory measures in the crypt and at the same time used the sector financially. In January, Trump said the business interests of the former president were managed through the trust that his children accompany.
Folkman said that the upcoming application of the company is focused on making digital assets more accessible to mainstream users. The platform will integrate payment payments and your wallet function. It is designed with a simple interface to support a wider acceptance.
Meanwhile, he became a rapid fundraising World Liberty, driven by the sale of tokens and the strong visibility of the brand, which made him a significant player. This increase comes during the politically sensitive year for the crypto sector.
However, the questions persist. Observers are not sure how much transparency and supervision the company is ready to accept.
Contribution Trump Crypto Venture World Liberty Financial Preps Stablecoin Audit and Product Push He appeared for the first time Cryptonews.