Trump-Backed World Liberty Crypto Platform Nears Completion of Token Sale

World Liberty Financial, a new cryptocurrency platform supported by former U.S. President Donald Trump and his sons, is on the verge of completing its initial token sale. After a slow start four months ago, the platform has now sold over 96% of its tokens, signaling strong investor interest.

Successful Token Sale Nears Completion

The platform has sold more than 24 billion WLFI governance tokens, leaving fewer than 1 billion tokens available, according to a chart on its official website. The WLFI token grants holders the ability to propose and vote on governance decisions, shaping the future of the platform.

World Liberty Financial launched its token sale in mid-October with a target of raising $300 million at a $1.5 billion valuation. Each token was priced at 5 cents, positioning the total sale at $1.25 billion.

Company representatives have not yet responded to requests for comment on the token sale’s rapid progress.

High-Profile Investment from Justin Sun

The platform attracted attention from Chinese crypto entrepreneur Justin Sun, who invested $30 million and became an official adviser in November. Sun, who is based in Geneva, has been actively involved in supporting the project’s strategic initiatives.

As part of its strategy, World Liberty Financial plans to establish a “strategic reserve” by purchasing various tokens, including some linked to Sun’s ventures.

A Growing Vision for the Crypto Economy

The project’s WLFI tokens aim to empower the community by giving token holders governance rights, fostering a decentralized decision-making process. The platform envisions itself as a key player in the evolving global crypto landscape.