World Liberty Financial, a DeFi project associated with Donald Trump and his sons, is set to launch a token sale aimed at raising $300 million at a $1.5 billion valuation.
Token Structure and Governance Details
The WLFI governance token, initially non-transferable for 12 months, grants holders voting rights on platform developments. Future token sales may follow as part of the broader fundraising strategy.
Phased Development and Lending Platform Integration
The project’s initial phase involves launching a DeFi lending platform on Ethereum’s Layer 2 Scroll network, offering lending options for Bitcoin, Ether, and stablecoins.
Future Expansion Plans and Compliance Goals
World Liberty Financial aims to integrate exchanges and establish a stablecoin credit card. Future plans include fractionalizing real-world assets and securing regulatory licenses.
Source:
The Block
