Donald Trump-Supported Protocol World Liberty Financial has raised $ 550 million in his token sale and pushes his total financing so far almost $ 600 million.
World Liberty Financial, a decentralized financing project that is directly linked to the Trump family, has taken care of $ 550 million by selling its WLFI tokens, data from ICO -Drops to show.
The newest financing round is considered to be the valuation of the project as more than $ 1.5 billion, with previous reports that show that World Liberty Financial strived to pick up $ 300 million to touch that brand. So far, the project has collected $ 590 million since November 2024, when it first received $ 30 million from the Tron founder Justin Sun. born in China.
It is unclear how many tokens have been sold. Previous reports hinted that World Liberty Financial could sell up to 20% of the token stock. Co-founder of the project, Zak Folkman, Reportedly On X mentioned that more than 60% of the offer 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 more than 24 billion tokens, which meant that around 950 million tokens had for sale. When the project started in September 2024, the first plan was to offer 20% of its 100 billion WLFI tokens.
With the rapid absorption of tokens at increasing price points, however, the platform seems to have decided to expand its token sale, possibly to take advantage of the momentum and to raise more money for the ongoing development. “Due to massive demand and overwhelming interest, we have decided to open an extra block of 5% of the token facility”, the project written In a post of January 20 on X.
