World Liberty Financial, supported by the Trump family, is developing plans to create a public company that will hold WLFI tokens and aims to raise about $1.5 billion.
Plan for Public Company Creation
The deal structure is still being finalized, but major tech and crypto investors have been approached, with talks described as moving quickly. According to Bloomberg, President Donald Trump is listed as 'co-founder emeritus' on the company's website.
Success Story of World Liberty Financial
The proposed entity would involve taking over an existing Nasdaq-listed shell company, akin to Michael Saylor’s MicroStrategy. That firm pivoted to become a Bitcoin holding company in 2020, amassing over $72 billion in BTC. The success of Strategy’s stock as a de facto Bitcoin proxy has inspired imitators.
Investments and Future Directions
Since its launch last year, World Liberty Financial has raised about $550 million through two public token sales. Notable investors include Tron founder Justin Sun, who invested $30 million, and Web3Port, which contributed $10 million. The Winklevoss twins have also reportedly invested in American Bitcoin Corp., linked to Eric Trump.
If the IPO proceeds, it will mark one of the largest public-market forays yet for a politically connected digital-asset firm.