Trump-backed World Liberty Financial (WLFI) Completes $590M Token Sale

cryptonews.net 14/03/2025 - 08:59 AM

World Liberty Financial Token Sale Success

World Liberty Financial (WLFI), a crypto project backed by Donald Trump, has closed its token sale after raising approximately $590 million.

Major Fundraising

According to data from ICODrops, WLFI’s fundraising achievement places it among the top 10 token raises. The largest token sale to date remains EOS, which raised $4.21 billion.

EOS is a blockchain platform developed by Block.one, which later founded Bullish, the parent company of CoinDesk.

Contributions and Accolades

At the Consensus 2025 event in Hong Kong, WLFI co-founder Zak Folkman credited Justin Sun of Tron for the success of their token sale. Initially, critics claimed the momentum was sluggish, but this changed after Sun invested $30 million in November 2024, with further investments following.

“When we were launching this project, it was a very heated time,” Folkman shared at Consensus. “There was a lot of scrutiny on our project due to who was involved.” This scrutiny caused many traditional crypto VCs to refrain from investing.

Sun recognized the project’s significance, noting, “Regardless of the outcome, this project is a monumental move forward for the entire crypto community.”

Token Sale Rules

Due to regulations, WLFI’s token sale is exclusively for accredited investors, making the token non-transferable and unable to be publicly sold on exchanges. No date has been announced for an exchange listing.




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