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World Liberty Financial will include a so-called governance token (crypto's version of voting shares) called WLFI, which will be nontransferable and will not earn yield—two factors that would ...
World Liberty Financial, a separate Trump-linked crypto project, also announced on Monday that it had completed an initial token sale, raising $300 million, and would look to issue additional tokens.
The projects have already garnered foreign interest, including the controversial crypto entrepreneur Justin Sun investing $30 million in World Liberty Financial and joining as an adviser.
World Liberty Financial is a decentralized finance protocol founded in 2024; Donald Trump's company title is "chief crypto advocate", Barron Trump is listed as the project's "DeFi (decentralized finance) visionary", and Eric Trump and Donald Trump Jr. each have the title, "Web3 ambassador."
More than two hours into Republican former President Donald Trump’s “state of crypto” event on X Monday night, the team behind the Trump family’s new crypto project finally unveiled a key ...
Trump's crypto tokens are raising ethical and geopolitical concerns--and are worrying even Trump's staunchest pro-crypto supporters. ... In September, he launched World Liberty Financial, a ...
Trump and other unnamed “affiliates” are entitled to 75% of some World Liberty revenues, according to the terms, raising the possibility of people buying World Liberty coins to try to gain ...
In exchange for that promotion, a Trump family-owned limited liability corporation receives 22.5% of the project’s crypto token along with 75% of any net revenues after World Liberty earns $30 ...