President Donald Trump's Family Launches WLFI Token Sale, Raises $590M

President Donald Trump’s family DeFi project, World Liberty Financial (WLFI), has officially concluded its WLFI token sale, which raised approximately $590 million.

President Donald Trump’s family crypto project, World Liberty Financial (WLFI), has now completed its WLFI token offering.

The project raised about $590 million from the token sale, placing it among the top ten largest token fundraising events, noted Satoshi Club.

World Liberty Financial launched its token offering in October with an initial goal of allocating 20 billion WLFI tokens for sale to whitelisted participants at a price of $0.015.

Initially, the project planned to sell 20 billion WLFI tokens and aimed to raise $300 million from the offering. However, due to weak demand, they later slashed the fundraising target to $30 million.

But after Donald Trump’s 2024 election victory in January 2024, interest in the project surged. As a result, all 20 billion WLFI tokens were quickly sold by January 2024.

In response to the strong demand, World Liberty Financial decided to further allocate an additional 5 billion tokens for sale to the public.

The project is developing a decentralized trading platform, and its token will be used for governance.

World Liberty Financial is also a known collector of cryptocurrencies. Over the past few months, the project has been actively accumulating various tokens.

According to blockchain analytics platform Spot On Chain, World Liberty Financial recently spent 100,000 USDC to purchase 541,242 SEI tokens at an average price of $0.185.

Currently, it holds 1.089 million SEI tokens, which were bought for $225,000 and are now valued at approximately $207,000.

Since the market experienced a dip in late February, World Liberty Financial has invested a total of $21.6 million in accumulating various cryptocurrencies, including Ethereum (ETH), Wrapped Bitcoin (WBTC), Movement (MOVE), and SEI.

According to Arkham Intelligence data, World Liberty Financial’s total crypto portfolio is valued at nearly $78 million. This includes 7,900 ETH valued at $15 million, $14.82 million in USDT, and 162 WBTC valued at approximately $13.44 million.

Additionally, the project holds $9.4 million in staked ETH, $9 million in Tron (TRX), and significant investments in Movement, Ondo, and Usacoin.