Major Funding Milestone for WLFI
World Liberty Financial (WLFI), a Donald Trump-backed DeFi project, has completed its latest public token sale, raising an additional $550 million. This brings the project’s total fundraising to $590 million, including private rounds.
Token Supply and Sale Structure
The sale involved 25% of WLFI’s 100 billion token supply. Co-founder Zak Folkman revealed that 63% of the total supply will eventually be sold to the public, hinting at future token sales.
WLFI initially launched its public sale in October 2024, offering 20 billion tokens at $0.015 each, raising $300 million by January. The latest round introduced an additional 5 billion tokens at $0.05 each, bringing in $250 million.
Influence of Trump’s Memecoins and Institutional Interest
WLFI’s demand surged after the launch of Trump and Melania Trump’s memecoins, which boosted interest in the broader Trump-backed crypto ecosystem.
The project has also attracted institutional backing, with:
- Tron founder Justin Sun investing $30 million and later joining as an advisor.
- Web3Port investing $10 million in January 2025.
Governance and Token Utility
WLFI positions itself as a pro-DeFi project, advocating for USD-backed stablecoins to preserve the U.S. dollar’s global dominance while maintaining decentralization.
Token holders gain voting rights and can propose governance changes. However, WLFI tokens cannot be transferred for the first 12 months post-launch, reducing potential market volatility.
While Trump is labeled as "chief crypto advocate" on WLFI’s website, the project’s white paper clarifies that neither he nor his family directly own or manage WLFI.
