Donald Trump’s DeFi project World Liberty Financial launched the second stage of fundraise aiming to raise an additional $250 million for 5% of the total token supply, with a projected FDV of $5 billion.
By Bhushan Akolkar
Edited by Julia Sakovich
Updated
3 mins read
Donald Trump’s decentralized finance (DeFi) project World Liberty Financial has officially launched the second stage of the WLFI token sale aiming to raise an additional $250 million for 5% of the total token supply, with a projected FDV of $5 billion.
Interestingly, the sale of these WLFI governance tokens came just when President-elect Donald Trump and First Lady Melania Trump launched their respective meme coins TRUMP TRUMP $8.05 24h volatility: 4.9% Market cap: $1.61 B Vol. 24h: $545.14 M and MELANIA MELANIA $0.45 24h volatility: 8.2% Market cap: $67.83 M Vol. 24h: $21.85 M over the last weekend.
World Liberty Financial announced that it has successfully “completed” its mission, selling 20 billion tokens, or 20% of the total 100 billion token supply. Now, the platform plans to sell an additional 5 billion tokens, representing 5% of the supply. The official announcement reads:
“We’ve completed our mission and sold 20% of our token supply. Due to massive demand and overwhelming interest, we’ve decided to open up an additional block of 5% of token supply.”
World Liberty Financial’s governance token WLFI saw its cumulative sales soar to $254 million by late Sunday, a significant increase from approximately $91 million the previous day, according to data from Dune Analytics. As per the on-chain data, the WLFI token now has over 34,000 holders across more than 44,500 transactions.
Tron founder Justin Sun announced that he has increased his investments in World Liberty Financial. Sun made the announcement that Tron DAO has invested an additional $45 million in WLFI, thereby bringing their total investment to $75 million.
Sun, who became an advisor to WLFI in November, previously facilitated a $30 million investment from his project into the DeFi initiative. The WLFI token, which cannot be sold or transferred, will serve as the governance token for the project’s upcoming decentralized crypto trading platform. Thus, it grants holders voting rights on community proposals.
Apart from selling its own tokens, World Liberty Financial has also been buying a large number of Ethereum from the open market. The Donald Trump-backed DeFi project accumulated a large quantity of Ethereum from the open market in the last 24 hours.
Wait until you see what they do tomorrow! 🚀🚀 @worldlibertyfi https://t.co/v8eRDFImHo
— Eric Trump (@EricTrump) January 20, 2025
As per the data from Arkham Intelligence, the total Ethereum holdings for World Liberty Financial have surged to 42.747K ETH, worth a massive $142.92. Additionally, the data from Etherscan shows that the Donald Trump DeFi project is purchasing a large number of Trump-associated Ether Name Services (ENS). In his latest post on X Eric Trump suggested that something big is coming tomorrow.
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Bhushan is a FinTech enthusiast and holds a good flair in understanding financial markets. His interest in economics and finance draw his attention towards the new emerging Blockchain Technology and Cryptocurrency markets. He is continuously in a learning process and keeps himself motivated by sharing his acquired knowledge. In free time he reads thriller fictions novels and sometimes explore his culinary skills.
