In short
- President Trump and his family saw their assets rise by almost $ 6 billion after the trade started for WLFI.
- The family collectively owns 22.5 billion WLFI tokens, now rated at almost $ 6 billion, although the tokens are locked under a fortress schedule that has not yet been established.
- The WLFI market debut gave the project a rating above $ 26 billion, although the Defi platform itself has not yet been launched.
President Donald Trump and members of his family saw their assets increase by almost $ 6 billion on Monday, in the minutes after the public trade of them Ethereum Token WLFI went live.
The token, which enables holders to participate in the board of World Liberty Financial, the Crypto platform of Trumps, was previously locked and non -controllable. This morning, WLFI launched Trade capacity, setting the previously undermined price of token at just over $ 0.30. Since then it has slipped to around $ 0.26 when writing.
That is a substantial jump for WLFI, which was initially sold to investors for 1.5 cents a token in the fall, and then for 5 cents a token during a Second round of fundraising. The company has collected a total of $ 500 million from that public sale.
It is one special Rosy outcome for the Trumps – which jointly have 22.5 billion WLFI -Tokens, according to a disclosure of the World Liberty Financial website. That stack of tokens, which represent almost a quarter of the total range of the project, is now worth a whopping $ 5.96 billion based on current prices.
The disclosure notes that the tokens are owned by an entity affiliated with the president and “certain family members.” The identity of those family members was not announced, although the sons of Trump-ecer Trump, Donald Trump Jr. and Barron Trump-Alle co-founders of World Liberty are.
Will the Trumps be able to dump those tokens on other investors and make a huge profit soon? The answer is cloudy.
A statement issued by World Liberty earlier on Monday announced that 33.5 billion WLFI -Tokens are currently reserved for team members are currently not Circulating and still remain locked. Those tokens will be unlocked in the course of time through a fortress schedule, the project said, but that schedule remains “TBD”.
A representative of the world freedom did not respond immediately when requested by Decrypt For any clarity about when a fortress schedule for the Trumps can be determined, or how long from a schedule it can be.
There are currently around 24.7 billion WLFI tokens in circulation, from a total stock of 100 billion. At the current prices, the fully diluted appreciation of the token is worth more than $ 26 billion.
World Liberty Financial is a decentralized financing project that promises to connect Non-Tech Savvy Retail Consumers with the often OpenTo world of self-representative crypto transactions. Despite the launch of his own stabile However, earlier this year the platform still has to be launched.
Since the return to his office, the president and his family have raised their assets by billions of dollars, via crypto projects, including World Liberty and the Trump meme. Earlier this year, Trump and his family yielded hundreds of millions of dollars first sale from WLFI to investors.
In a disclosure submitted in June, the president said he was in his pocket $ 57 million From world report in 2024. That number is ready to be much higher in 2025.
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