
Subscribe to Bankless or sign in
World Liberty Financial completed a $550 million public token sale, bringing total funding to $590 million, amidst questions surrounding the Trump family's involvement.
What’s the Scoop?
- Massive Fundraising: World Liberty Financial has raised a total of $590 million, with $550 million coming from its public token sale.
- Trump Family Ties in Question: While the project lists
Donald Trump as 'chief crypto advocate', its white paper states the Trump family has no role in running the project.
- Crypto Market Impact: The significant funding could give WLFI a strong foothold in the crypto space, but transparency concerns may undermine its credibility.