The crypto platform World Liberty Financial has attracted significant attention in the industry due to successful funding rounds and the influence of well-known personalities.
Key Achievements of World Liberty Financial
Originally, it was planned to raise $300 million through the sale of 100 billion WLFI tokens. In January, the team successfully raised the first round of $160 million, placing the project in the top 10 for funds raised according to ICO Drops. The success of the tokensale was largely attributed to a $30 million investment by TRON Foundation, led by Justin Sun.
Role of Key Figures in the Project
Notable figures in the project include the U.S. president serving as 'chief cryptoadvisor,' and his sons Eric, Barron, and Donald Trump Jr. listed as Web3 ambassadors. Rich Teo, co-founder of Paxos, has been appointed head of stablecoins and payments, while Luke Pearson from Polychain Capital is noted as an advisor.
Investments and Current State
In March, on the eve of the White House Crypto Summit, World Liberty Financial invested $21.5 million in ETH, WBTC, and MOVE, increasing its total digital asset investments to $336 million. The platform's portfolio includes ETH, WBTC, TRX, and other cryptocurrencies, but it is difficult to track sales since funds have been transferred to the centralized Coinbase exchange. According to Arkham Intelligence, the current portfolio value of WLFI is $77.6 million.
World Liberty Financial has engaged in significant investments and partnerships, placing it at the forefront of the crypto community. However, its future development and success will depend on its ability to adapt to the rapidly changing crypto landscape.
