World Liberty Financial's Token Sale Raises Nearly $590 Million Backed by Trump
Finance/Markets

World Liberty Financial's Token Sale Raises Nearly $590 Million Backed by Trump

The cryptocurrency initiative backed by former President Trump has completed its token sale, raising significant funds through pre-sales.

World Liberty Financial (WLFI), the cryptocurrency initiative backed by Donald Trump, has successfully completed its token sale, raising approximately $590 million from two pre-sales.

Key Points:

  • WLFI’s co-founder, Zak Folkman, praised Justin Sun from Tron for the token sale’s success after his $30 million investment.
  • Tokens were exclusively available to accredited investors and cannot be transferred or publicly sold, with no exchange listing date set.

The significant funding puts WLFI among the top ten token raises, trailing only the record-setting EOS sale of $4.21 billion.

Donald Trump speaking at the White House crypto summit. Photo by Jesse Hamilton/CoinDesk

During the Consensus 2025 event, Folkman acknowledged the initial skepticism surrounding the project, stating, “When we were launching this project, it was a very heated time. There was a lot of scrutiny on our project due to who was involved.”

Sun’s involvement has shifted perceptions, showcasing a hopeful future for WLFI in the crypto community.

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