World Liberty Financial successfully concluded its token sale, raising $590 million due to strategic investor backing and memecoin popularity.
World Liberty Financial Token Sale: A $590M Milestone
According to ICODrops, World Liberty Financial's token sale has concluded, securing $590 million. Initially facing challenges, the project became one of the largest token sales in history. The presale began in October 2024, raising only $15 million initially. The involvement of lead investor Justin Sun, who invested over $75 million, was crucial to its success.
How TRUMP Memecoin Hype Rescued WLFI
The TRUMP memecoin, launched in January 2025, unexpectedly revived investor interest in WLFI. By capitalizing on market momentum, the project expanded sales by 5%, attracting attention to politically linked tokens. As a result, a total of 25 billion tokens were sold, raising $590 million and making it one of the top ten largest token sales.
Post-Sale Investments: A Risky Strategy?
Following the token sale, WLFI actively invested in various crypto assets. Data shows that the project acquired over 1.09 million SEI tokens for $206,000. Additionally, WLFI allocated $339 million to invest in nine cryptocurrencies, including Ethereum (ETH) and Wrapped Bitcoin (WBTC), despite unrealized losses amounting to $124.1 million.
Despite significant fundraising success, WLFI continues to adapt to market conditions. Attention is drawn to the prospect of exchange listing and the project's risky investment strategy.
