World Liberty Financial has raised $5.5 billion in the second phase of coin sales. However, investors currently cannot sell their purchases.
Trump and Company's Revenue
World Liberty Financial first gained attention with its initial coin sale last October, targeting investors both in the U.S. and abroad. With the recent second round of sales, the total fund amount reached $5.5 billion. According to the documents, Trump and his affiliated company received 75% of the net revenue, amounting to $3.9 billion. The project's managers argue that this revenue distribution is critical for the project's success.
Investors Cannot Sell WLFI Coins
WLFI coin holders currently do not have the right to sell their coins, meaning realizing profits from their investment is not possible at this moment. The timing for when the company will allow trading of the coins remains uncertain, which has sparked discussions among investors.
Impact of Restrictions on Investors
Some market observers believe the lack of liquidity could negatively impact investor confidence. Nevertheless, Trump and his team assert that the project is based on a long-term financial model, defending that this process is normal.
Despite successfully raising significant funds, the current restriction on selling WLFI coins has raised concerns among investors. However, the project's management is focused on a long-term outlook.