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Cryptocurrency News Articles
World Liberty Financial (WLFI) Token Swap Arrangement Targets Blockchain Projects
Feb 04, 2025 at 11:37 am
World Liberty Financial (WLFI), a cryptocurrency platform associated with former U.S. President Donald Trump, has been actively engaging with blockchain projects
World Liberty Financial (WLFI), a cryptocurrency platform linked to former U.S. President Donald Trump, has been engaging in active discussions with blockchain projects, presenting them with a token swap arrangement.
According to the proposal, any project interested in participating is required to purchase a minimum of $10 million worth of WLFI tokens, subject to a 10% transaction fee. In return, World Liberty Financial will purchase an equivalent amount of the blockchain’s native token.
Multiple blockchain initiatives have confirmed receiving a similar offer, which typically involves a minimum purchase of $10 million, with projects investing $15 million qualifying for priority consideration from WLFI.
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WLFI tokens are set to reach a fully diluted valuation (FDV) of $1.5 billion, and the platform’s official launch is expected in Q3 of the year. Reports indicate that the token exchange arrangement will not include a vesting period, and the token transfers will be calculated based on the $1.5 billion FDV.
Prospective participants are invited to an initial meeting, followed by a virtual discussion with Zak Folkman, co-founder of World Liberty Financial, to finalize the terms of participation.
The initiative aims to enhance liquidity for participating blockchain projects, as WLFI will undertake to purchase their native tokens.
As of the latest update, over 24 billion WLFI tokens have been sold at $0.05 per token, bringing the total sales to approximately $1.2 billion. While Eric Trump is the only member of the Trump family formally involved in the project, serving on its board of managers, the financial benefits for the family are substantial.
An LLC linked to the Trump family holds significant rights within the project, including 60% of its equity, 75% of the revenue generated from WLFI token sales, and ownership of 22.5 billion WLFI tokens. Based on the public sale price, these holdings are valued at around $1.1 billion.
Launched in September 2024 during Trump’s campaign, World Liberty Financial aims to provide users with access to third-party decentralized finance (DeFi) applications, facilitate stablecoin yield generation, and offer cryptocurrency loans.
In a recent update on social media platform X, WLFI highlighted that adjustments in its crypto holdings are part of routine treasury management activities. The company clarified that these movements are intended to cover operational expenses, fees, and other business requirements. WLFI also stated that no tokens are being sold but are instead being reallocated to maintain financial stability and efficiency, dismissing speculation surrounding its treasury practices.
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