World Liberty Financial Launches Second Stage of WLFI Token Sale to Raise $250 Million
World Liberty Financial, a decentralized finance project associated with Donald Trump, has launched the second stage of its WLFI token sale. The initiative aims to raise $250 million for 5% of the total token supply, valuing the project at an FDV of $5 billion.
- 20 billion WLFI tokens, or 20% of the total supply, have already been sold.
- The cumulative sales reached $254 million, up from $91 million the previous day.
- WLFI now has over 34,000 holders and more than 44,500 transactions.
Justin Sun, founder of Tron, increased his investment in World Liberty Financial by an additional $45 million, totaling $75 million. The WLFI token serves as a governance token for the project's upcoming decentralized trading platform.
- World Liberty Financial is acquiring Ethereum from the open market.
- Total Ethereum holdings have reached 42.747K ETH, valued at approximately $142.92 million.
- The project is also purchasing Trump-associated Ether Name Services (ENS).
Eric Trump hinted at future developments for the project.