Umair
Donald Trump-supported protocol World Liberty Financial has raised $550 million in its token sale, pushing its total funding close to $600 million so far.
World Liberty Financial, a decentralized finance project directly tied to the Trump family, has secured $550 million by selling its WLFI tokens, data from ICO Drops shows.
With the latest funding round, the project’s valuation is thought to be over $1.5 billion, with earlier reports hinting that World Liberty Financial was aiming to raise $300 million to hit that mark. So far, the project has raised $590 million since November 2024, when it first got $30 million from China-born TRON founder Justin Sun.
It’s unclear how many tokens were sold. Earlier reports hinted that World Liberty Financial might sell up to 20% of the token supply. The project’s co-founder, Zak Folkman, reportedly mentioned on X that more than 60% of the supply would be sold to the public, with 17% allocated for user rewards and 20% for the team.
In mid-February, crypto.news reported that World Liberty Financial sold over 24 billion tokens, leaving around 950 million tokens available for purchase. When the project started in September 2024, the initial plan was to offer 20% of its 100 billion WLFI tokens.
However, with the rapid uptake of tokens at increasing price points, the platform seems to have decided to extend its token sale, possibly to capitalize on the momentum and raise more funds for its ongoing development. “Due to massive demand and overwhelming interest, we’ve decided to open up an additional block of 5% of token supply,” the project wrote in a Jan. 20 post on X.
