Skip to main content

Market Overview

Trump-Backed World Liberty Financial Raises $590M In Token Sales

Share:
Trump-Backed World Liberty Financial Raises $590M In Token Sales

A decentralized finance project associated with U.S. President Donald Trump has raised 550 million dollars in its latest token sale, bringing total fundraising to 590 million dollars.

The initiative, known as World Liberty Financial, is focused on promoting dollar-backed stablecoins and decentralized financial applications.

World Liberty Financial recently completed the sale of 5 billion WLFI tokens, representing 25 percent of its total 100 billion supply, according to The Block.

According to co-founder Zak Folkman, the project intends to release up to 63 percent of its total supply in future sales.

The project initially launched a public sale in October 2024, selling 20 billion tokens at 1.5 cents each. By January 2025, this sale had generated 300 million dollars.

Following this, another 5 billion tokens were made available at 5 cents per token, raising an additional 250 million dollars.

Also Read: XRP Spikes 4% As Ripple Gains Approval To Offer Crypto Payments In Dubai

Market Demand And Investor Interest

The early token sales experienced slow demand, but interest increased after Trump and Melania Trump introduced their own meme coins, which fueled curiosity in Trump-affiliated crypto ventures.

Several high-profile investors have backed World Liberty Financial.

In November 2024, Tron (CRYPTO: TRON) founder Justin Sun contributed 30 million dollars, leading to his appointment as an advisor to the project.

In January 2025, Web3Port, an investment platform, also committed 10 million dollars.

Governance And Token Restrictions

Holders of the WLFI token can participate in governance decisions related to the project.

However, the tokens do not represent financial ownership in any entity, and transfers are restricted for the first 12 months after issuance.

Trump's Role In The Project

Although Trump is named as the chief crypto advocate on the project's website, and his sons—Eric, Donald Jr., and Barron—are listed as members, the official white paper states that the Trump family does not own or manage World Liberty Financial.

As the project progresses, its alignment with Trump's pro-crypto stance and the broader push for decentralized finance could influence future investor sentiment.

With plans for additional token sales, the market will be watching closely to see how the initiative evolves.

Read Next:

Image: Shutterstock

 

Related Articles ($TRUMP)

View Comments and Join the Discussion!

Posted-In: AI Generated Barron Trump Donald Trump Eric Trump World Liberty FinancialCryptocurrency News Top Stories

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com