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Trump-Backed World Liberty Financial Completes $550 Million Token Sale
Washington D.C., Mar 14, 2025 – World Liberty Financial (WLFI), a decentralized finance platform endorsed by former US President Donald Trump and his sons Eric Trump and Donald Trump Jr., has successfully concluded its token sale, securing a massive $550 million in funding.
As reported earlier, WLFI’s initial token sale underperformed, raising only $11 million from the sale of 766 million tokens. However, it appears that the project has made significant changes to attract more investors, ultimately resulting in the impressive haul.
Interestingly, WLFI’s governance token, WLFI, is now valued at a staggering sum due to the massive influx of funds. Tron founder Justin Sun, one of the largest investors in World Liberty Financial, acquired $75 million worth of tokens last month, demonstrating his confidence in the project.
The newly secured funds will be utilized by WLFI for further development and expansion of its decentralized finance lending platform, which operates on the Ethereum blockchain and supports Bitcoin, Ethereum, and stablecoins.
Source: https://cryptobriefing.com/trump-backed-token-sale-completion/
