World Liberty Financial (WLFI), the crypto project tied to President Donald Trump
Despite limited details about its actual DeFi platform, the project is rapidly accumulating crypto assets and securing major partnerships.
The first round of token sales, which began on October 15, 2024, raised $300 million. The second round brought in another $250 million, according to a press release. More than 85,000 participants completed the Know Your Customer (KYC) process to qualify for the purchase.
With Trump’s brand power behind it and millions pouring in, the question on everyone’s mind is – what’s next for WLFI?
Although Trump is not directly involved in managing WLFI, he and his partners will receive 75% of the project’s net revenue, including earnings from the token sales. After accounting for $30 million in expenses, Trump and his associates are set to earn $390 million for endorsing the project and allowing it to use his name and image.
The first token sale, launched in mid-October, was open to both U.S. and international investors. While WLFI has not yet revealed full details about its decentralized finance (DeFi) ecosystem, the project has been actively acquiring large amounts of cryptocurrency, including Ether and Tron. Tron’s creator, Justin Sun, is also an investor.
“This milestone proves that those who truly understand crypto and finance recognize what we’re building, and that WLFI is on track to supercharge DeFi as it transforms global finance in the coming years,” remarked Zach Witkoff, WLFI’s co-founder.
Zach Witkoff, co-founder of WLFI, said the success of the token sales proves that investors who understand crypto and finance see the project’s potential. He added that WLFI is positioned to play a major role in transforming global finance in the coming years.
He also noted that the token sales are just the beginning, as the team is preparing to launch new technologies that could expand what is possible with digital assets.
Over the last six months, WLFI has formed partnerships with leading blockchain platforms such as Ondo Finance, Ethena, Chainlink, Sui, and Aave. These collaborations will help the project speed up the development of its platform, which aims to make financial services more accessible.
WLFI’s “Macro Strategy” has built a strong digital asset reserve, including BTC, ETH, TRX, LINK, SUI, and ONDO tokens. This reserve helps support leading crypto projects, adds stability to WLFI’s treasury, and allows for future investment in new opportunities. The strategy will also help fund innovative projects, boost ecosystem growth, and create new possibilities in the fast-growing DeFi space.
WLFI remains focused on its goal of making finance more accessible through strategic partnerships, advanced technology, and community support.
As the project builds its digital asset empire, the crypto industry is watching closely to see what WLFI does next.
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