WLFI token sale tops $1.25 billion, beating $300 million target
927 million tokens left for sale
World Liberty Financial sold over 24 billion tokens, retaining less than 4% of the planned amount.
After a slow start in October 2024, the crypto platform promoted by Donald Trump’s family succeeded in selling WLFI governance tokens.
According to the World Liberty Financial website, the platform sold 24.07 billion tokens, which is over 96% of the planned amount, leaving less than 927 million remaining.
As stated on WLF’s official site, each WLFI token is priced at $0.05, resulting in total sales of approximately $1.25 billion. This significantly exceeds the initially stated goal of raising $300 million with a total valuation of $1.5 billion.
Upon the platform’s launch, WLFI initially planned to sell 20% of its 100 billion WLFI tokens, later increasing the offer by an additional 5% to capitalize on rising cryptocurrency prices.
The official WLFI site emphasizes that WLFI tokens play a key role in governance on the platform in addition to fundraising. WLFI holders have voting rights on community proposals, allowing them to influence the project’s future direction. The tokens are also non-transferable and cannot be resold, ensuring they are used solely for governance purposes.
Tokenized partnership with TradiFi
Additionally, WLFI stated that the Trump family holds a controlling stake in the project, along with rights to 75% of its revenues, as well as ownership of a portion of the tokens.
On-chain data shows that the WLFI governance token currently has over 80,000 holders across more than 119,000 transactions. The firm reportedly uses Aave on the backend, with stricter KYC controls than the original decentralized lending protocol.
Furthermore, the company recently announced a strategic reserve aimed at fostering investments in innovative projects within the DeFi landscape. Part of this initiative involves exchanging tokenized assets with traditional financial institutions to enhance collaboration and shared opportunities among participants.
World Liberty Financial (WLFI), the crypto project backed by the Trump family, has unveiled its Macro Strategy Reserve to support leading digital assets such as Bitcoin and Ethereum while aiming to strengthen its presence in both CeFi and DeFi markets.
