Investing.com -- World Liberty Financial, Inc. (WLFI), the company behind a DeFi protocol and governance platform inspired by Donald J. Trump, has successfully completed the second stage of its token sales. The sales, which took place in both the U.S. and other countries, raised $550 million in total.
WLFI launched on October 15, 2024, and since then, it has conducted two rounds of token sales. In the first round, the company sold $300 million USD worth of WLFI tokens, and in the second round, it sold an additional $250 million USD worth of tokens. In total, WLFI has sold $550 million USD worth of tokens across both offerings.
The token sales attracted more than 85,000 participants, all of whom underwent a Know Your Customer (KYC) process to determine their eligibility to participate.
Zach Witkoff, WLFI co-founder, expressed his gratitude to the early supporters and partners of WLFI who saw the potential of the project. He also stated that the token sales were just the beginning, and that the company is preparing to launch disruptive technology that will redefine the boundaries of what’s possible with digital assets.
Over the past six months, WLFI has built key relationships with leading blockchain protocols and institutions such as Ondo Finance, Ethena, Chainlink, Sui, and Aave. These partnerships have allowed WLFI to more quickly develop and roll out its platform, which aims to democratize finance for millions of people.
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