2025-03-16
World Liberty Financial (WLFI), a
decentralized finance (DeFi) project backed by the Trump family, has raised
$550 million through two rounds of public token sales.
WLFI launched on September 16, 2024,
aiming to promote DeFi and stablecoins linked to the US dollar. It has the
endorsement of Donald Trump and his sons—Eric, Donald Jr., and Barron—who see
it as a step toward financial innovation beyond traditional banking.
The first token sale began on October
15, 2024, raising $300 million by selling 20 billion WLFI tokens at $0.015
each.
Due to high demand, a second round
started on January 20, offering 5 billion tokens at $0.05 each—a 230% price
increase. This round ended on March 14, reaching its $250 million goal.
Since Launch, WLFI Raised Over $590
Million in Total Investments
Before its public sales, WLFI had
already attracted major investors. On November 25, 2024, Tron founder Justin
Sun invested $30 million, receiving 2 billion WLFI tokens at $0.015 each.
Web3Port, an investment platform, put
in $10 million on January 27, expressing interest in a long-term partnership.
On February 11, venture capital firm Oddiyana Ventures also invested, though it
didn’t disclose the amount.
Despite raising over half a billion
dollars, some in the crypto community doubt WLFI’s legitimacy. Mike Dudas,
managing partner at 6MV, called it a “pay-to-play” scheme rather than a true
DeFi project.
Andre Cronje, co-founder of Sonic Labs,
criticized its high fees and investment model, claiming it extracts value
rather than offering real benefits. WLFI
has not publicly responded to these concerns.
