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World Liberty Financial completes initial token sale at 1.5 cents, releases more at 5 cents.
The Donald Trump-backed decentralized finance platform, World Liberty Financial, has completed its initial token sale and has started selling more tokens with a 230% markup due to “massive demand.”
“We’ve completed our mission and sold 20% of our token supply,” World Liberty Financial stated in a January 20 X post. “Due to massive demand and overwhelming interest, we’ve decided to open up an additional block of 5% of token supply.”
Launched in September, the Trump family’s DeFi platform initially aimed to sell 20% of the total 100 billion World Liberty Financial (WLFI) tokens it created. According to the project’s website, an additional 5 billion tokens are now being offered at a price of 5 cents each.
World Liberty Financial hopes to generate an additional $250 million through its extended token sale. The project previously raised $300 million by selling WLFI tokens at 1.5 cents each, although the initial phase progressed slowly due to the exclusion of U.S. retail investors.
Tron founder Justin Sun, the project’s largest investor with a $30 million token purchase in November, announced in a January 19 X post that he would invest “an additional $45 million” into World Liberty, bringing his total investment to $75 million.
The initial public sale of 20 billion WLFI tokens began on October 15 and was limited to U.S.-accredited investors and non-U.S. citizens.
The WLFI token, which cannot be sold or transferred, will serve as a governance token for the project’s yet-to-launch decentralized crypto trading platform, granting holders voting rights on community proposals.
World Liberty also revealed a strategic partnership with TRUMP, the official memecoin of President-elect Donald Trump. TRUMP surged to $73 shortly after its January 19 launch but dropped 40% to $41 following the release of a separate memecoin by Melania Trump.
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