World Liberty Financial, the crypto project supported by President Donald Trump, has raised a total of $ 550 million in gross product from his second token sales cycle. Sales took place in the American and non -American markets.
The first round, launched on October 15, 2024, raised $ 300 million, while the second round reported $ 250 million according to a press release. More than 85,000 participants finished the Know Your Client (KYC) process to be eligible for tokens sales.
In a document published during the launch, WLFI said that the Trump family could receive 75% of net income. Buyers cannot yet sell their tokens or make profits.
The first sale of tokens started in mid-October and was open to American and international investors. Although the details of the DEFI project are still secret, he bought millions of dollars in cryptocurrencies like Ether and Tron. Justin Sun, the creator of Tron, is also an investor.
“This step proves that those who really understand crypto and finance recognize what we are building and that WLFI is on the right track to overeat Defi while it transforms global finance in the coming years,” said Zach Witkoff, co-founder of WLFI.
He also shared that token sales are only the start and they prepare to launch a wave of disturbing technology that will redefine the limits of what is possible with digital assets.
Over the past six months, WLFI has trained strategic partnerships with the main blockchain protocols and institutions like Ondo Finance, Ethena, Chainlink, Su and Aave. These collaborations define WLFI to quickly build and launch its next platform, designed to make finances more accessible to millions.
In addition, World Liberty is in talks to join Binance, Bloomberg reported last week. The Trump family also discussed the purchase of participation in Binance.us, according to the Wall Street Journal. The founder of Binance, Changpeng Zhao, who pleaded guilty to violations of fighting money laundering in 2023, would have asked the Trump administration a forgiveness.
WLFI’s “macro strategy” has built a solid reserve of digital assets, including BTC, ETH, TRX, Link, Su and Ondo tokens. This reserve helps support the main crypto projects, adds stability to the WLFI treasury and allows future investments in new opportunities. The strategy will also help finance innovative projects, stimulate the growth of ecosystems and create new possibilities in the rapid growth space.
WLFI stressed that he remains determined to advance his mission to create a more inclusive financial future, supported by strategic partnerships, innovative technologies and a dedicated community.
