World Liberty Financial is gearing up to launch its WLFI token presale, with more than 100,000 accredited U.S. investors already whitelisted. Backed by the Trump family, this cryptocurrency project aims to raise $300 million, positioning the venture at a valuation of $1.5 billion.
The platform, which will allow users to borrow, lend, and participate in decentralized finance (DeFi) activities such as creating liquidity pools and transacting with stable-coins, is designed to be a unified hub for digital asset transactions. According to co-founders Zachary Folkman and Chase Herro, governance for the platform will be managed via WLFI tokens, allowing users to vote on protocol changes while ensuring compliance with U.S. regulations.
Donald J. Trump’s the X post about WorldLibertyFi
The WLFI token presale is scheduled for Tuesday, just three weeks ahead of the upcoming U.S. presidential election, where Donald Trump, the Republican candidate, serves as the project’s “chief crypto advocate.” His sons, Eric Trump and Donald Trump Jr., have taken on roles as “web3 ambassadors,” while Barron Trump holds the title of “DeFi visionary.”
Upcoming launching WLFI token presale
Notable figures in the crypto space, such as Aave founder Stani Kulechov, Scroll co-founder Sandy Peng, and Polychain Capital’s senior cryptographer Luke Pearson, participated in a discussion on X Spaces about the project’s potential.
Accredited investors in the U.S., as defined by the Securities and Exchange Commission (SEC), must meet certain financial thresholds to participate in the presale, while international investors had to comply with their local regulations before being whitelisted.
Donald Trump, who has previously shown interest in NFTs and cryptocurrencies, has positioned himself as a strong advocate for making the U.S. a global leader in the digital asset industry, a stance that many traders see as favorable for the crypto market. His current chances of winning the presidency are estimated at 53.8%, compared to his opponent Kamala Harris’s 45.6%.
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