October 10, 2024
The token sale for World Liberty Financial, a DeFi project associated with former U.S. President Donald Trump and his three sons, is set to begin next week, according to a roadmap shared with potential investors. The roadmap indicates that the “initial sale” of WLFI aims to raise $300 million by selling 20% of the token supply at a fully diluted valuation of $1.5 billion.
Project | Latest Raise | Category |
|---|---|---|
World Liberty Financial | To raise $300M | DeFi |
This implies that additional token sales may follow. In an X Spaces session last month, co-founder Zak Folkman mentioned that 63% of the token supply would be sold to the public, with 17% allocated for user rewards and 20% reserved for the team.
About World Liberty Financial
World Liberty Financial is a decentralized finance (DeFi) platform endorsed by former U.S. President Donald Trump. It aims to make blockchain-based financial services more accessible to the public. The platform’s native token, WLFI, functions as a governance token, allowing holders to participate in decision-making processes rather than serving as a traditional cryptocurrency for transactions or yield generation. World Liberty Financial seeks to connect users with secure, high-yield crypto investments, promoting financial independence and innovation in the DeFi space.
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