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Trump’s World Liberty Financial to Launch $300M Token Sale

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By on October 14, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Trump’s World Liberty Financial to Launch $300M Token Sale appeared first on Coinpedia Fintech News

Donald Trump announced that his decentralized finance project, World Liberty Financial, will start selling tokens on Tuesday morning. The project aims to raise $300 million, selling 20% of the tokens at a $1.5 billion valuation. The token, called WLFI, will serve as a governance token, allowing holders to vote on the platform’s development. Trump encouraged participation in an X Spaces event on Monday to discuss the sale. The crypto market reacted positively, with Bitcoin, Ethereum, and Dogecoin all seeing slight gains following the news.

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