Home news Trump Family's World Liberty Finance Token Sale Appears to Go Live, Selling 220M WLFI in Minutes

Trump Family's World Liberty Finance Token Sale Appears to Go Live, Selling 220M WLFI in Minutes

by Shaurya Malwa
written by Shaurya Malwa

An anticipated token sale for the Trump family-backed World Liberty Financial appears to have gone live on the platform, site shows.

The sale went live on 12:40 UTC, with over 220 million of the platform's WLFI sold in the first twenty minutes to over 1,700 unique wallets, data shows.

A blockchain connected to the token holds nearly $3 million worth of (ETH), and less than $1 million of (USDT) and Coin (USDC) tokens each.

WLFI will serve as a governance token for the platform, which will allow users to engage in borrowing, , and other activities. The project aims to raise $300 million, valuing the venture at $1.5 billion.

Edited by Oliver Knight.

Source

Shaurya Malwa

Shaurya is the Co-Leader of tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis. Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE, AAVE, COMP, ROOK, TRX, SNX, RUNE, FTM, ZIL, KSM, ENJ, CKB, JOE, GHST, PERP, BTRFLY, OHM, BANANA, ROME, BURGER, SPIRIT, and ORCA. He provides over $1,000 to liquidity pools on Compound, Curve, SushiSwap, PancakeSwap, BurgerSwap, Orca, AnySwap, SpiritSwap, Rook Protocol, Yearn Finance, Synthetix, Harvest, Redacted Cartel, OlympusDAO, Rome, Trader Joe, and SUN

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