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The World Liberty Financial project finally succeeded to complete token sale and raise $550 million. DeFi, a lending platform backed by Donald Trump and his three sons, intends to use the proceeds for development and expansion.
The public sale of WLFI tokens began on October 15, 2024. The fundraising was completed only on March 13, 2025, almost 5 months later. Although a significant excitement was expected and $300 million was raised at the start, due to low demand, the team reduced its target amount to $30 million.
By the way, the amount of money needed to make the project profitable was raised only thanks to $30 million received from crypto billionaire and TRON blockchain founder Justin Sun. Later, on January 19, he increased his investment by another $45 million, bringing the total amount to $75 million.
World Liberty Financial is promoting decentralized finance (DeFi) pegged to the US dollar and stablecoins. The main one is an Aave-like DeFi lending platform running on the Ethereum blockchain and supporting bitcoin, Ethereum, and popular stablecoins.
The initial sale consisted of 20 billion WLFI governance tokens at $0.015 each and was limited to whitelisted individuals. closed by January 20, with 20% of the token supply sold.
Demand for WLFI revived after launching Official Trump (TRUMP), the official Trump token, and Melania Meme (MELANIA). The success of these memecoins has led to an increase in interest in the Trump-related crypto space, including WLFI.
The initial sale of World Liberty Financial tokens was closed by January 20, with 20% of the coin supply sold. Seeing the increased demand, on January 20, the project released an additional 5 billion WLFI tokens at $0.05 per token.
WLFI governance token holders can participate in decision-making related to the WLF Protocol. The tokens are non-transferable for the first 12 months after launch.
