The cryptocurrency project World Liberty Financial has concluded its initial token presale, surpassing market expectations and attracting investments from Justin Sun.
Rising Sales and Investor Interest
World Liberty Financial has successfully concluded the initial phase of its token presale, selling 20% of its total supply of 100 billion tokens. Sales skyrocketed from $91 million to $254 million within 24 hours. Dune Analytics reports that over 39,000 unique wallet addresses now hold WLFI tokens, with more than 46,000 transactions processed during the presale.
Justin Sun's Influence and Tron Integration
Tron blockchain founder Justin Sun has increased his involvement with the project, announcing an additional $45 million investment, bringing his total commitment to $75 million. There are indications that World Liberty Financial is exploring purchasing Tron (TRX) tokens for its treasury, enhancing their collaboration.
Strategic Treasury Management and Expansion
World Liberty Financial is implementing an aggressive treasury diversification strategy. Recently, the platform acquired a significant amount of Ethereum, purchasing 14,403 ETH valued at approximately $48 million, increasing its total Ethereum holdings to 33,630 ETH. The treasury currently holds a diverse range of cryptocurrencies, including ETH, WBTC, USDT, USDC, AAVE, and LINK. According to Debank, the company holds $304 million worth of assets.
World Liberty Financial’s association with political figures, including Donald Trump, draws attention from both traditional and crypto financial communities, potentially fostering broader cryptocurrency adoption and regulatory changes.
