World Liberty Financial Sells Over 24 Billion WLFI Tokens

World Liberty Financial, a decentralized finance platform associated with President Donald Trump, has sold approximately 24.05 billion WLFI tokens, with less than a billion remaining for purchase.

Token Sale Update

According to the platform’s official data, the recently introduced tranche of 5 billion tokens, priced at $0.05 eachβ€”a 230% markup from the initial $0.015β€”has seen an 81% uptake. This surge in sales comes after the platform decided to extend its token sale to capitalize on the momentum and raise further funds for its ongoing development.

We’ve completed our mission and sold 20% of our token supply. Due to massive demand and overwhelming interest, we’ve decided to open up an additional block of 5% of token supply.

WLFI Token Governance

Beyond fundraising, the WLFI token plays a key governance role within the platform. Token holders have voting rights on community proposals, allowing them to influence the future direction of the project. Unlike traditional cryptocurrencies, WLFI tokens are non-transferable and cannot be sold or traded, ensuring they are used exclusively for governance purposes.

Strategic Token Reserve and Portfolio

This surge in sales follows World Liberty Financial’s announcement of a strategic token reserve designed to mitigate market volatility and invest in innovative decentralized finance projects. The Trump family holds a majority stake in World Liberty Financial and is entitled to 75% of its revenue and a substantial number of tokens.

World Liberty Financial’s portfolio includes a number of digital assets, with the majority of its assets kept in USD Coin (USDC) and Tron (TRON). Additionally, the platform has investments in:

  • Lido Staked Ether (stETH)
  • Tether (USDT)
  • Ethereum (ETH)
  • Ondo (ONDO)
  • Colle AI
  • American Coin
  • Grok
  • Hoppy
  • REKT
  • Tap Protocol

Stay up-to-date with the latest news and developments in the world of cryptocurrencies and decentralized finance on Global Crypto News.