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WLFI: New Round and Media Criticism

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by Giorgi Kostiuk

3 hours ago


World Liberty Financial (WLFI) secured significant investment despite media scrutiny and political controversy. The project raised $250 million during its second token sale and introduced a unique governance model.

Significant Capital Raised

WLFI completed the second round of its public token sale, raising $250 million. Launched on September 16, 2024, the project focuses on stablecoins tied to the US dollar and decentralized finance (DeFi). Endorsement by Donald Trump attracted considerable attention. The total capital raised reached $550 million, constituting 25% of WLFI's total token supply. The first sale began on October 15, 2024, raising $300 million by offering 20 billion WLFI tokens at $0.015 each. The second sale started on January 20, offering 5 billion tokens at $0.05 each, marking a 230% price increase.

Key Investments and Strategic Backing

Prior to the public sales, the project attracted significant investment. On November 25, 2024, Tron founder Justin Sun invested $30 million, acquiring 2 billion WLFI tokens at $0.015 each. Subsequently, on January 27, Web3Port invested $10 million and hinted at a long-term partnership. Additionally, on February 11, venture capital firm Oddiyana Ventures announced a strategic investment, though the amount remained undisclosed. Donald Trump holds the title of 'Chief Crypto Advocate,' while his sons act as 'Web3 Ambassadors.' However, official documentation clarifies that none of them hold executive positions within WLFI.

WLFI's Unique Governance Model

WLFI operates on a unique governance model where token holders participate in decision-making but cannot trade or sell their tokens. This non-transferable nature limits economic benefits, distinguishing WLFI from traditional crypto assets.

Despite media criticism and political discourse, WLFI successfully conducted its second round of token sales, attracting significant investors and implementing a unique governance model.

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