Trump-linked crypto project aims to raise $300 million selling token you may never be able to resell
A Donald Trump-linked crypto project is one step closer to launching.
World Liberty Financial said on X that it planned to hold a public token sale tomorrow. The goal, according to The Block, is to raise $300 million from accredited investors by selling 20% of its token supply.
Trump championed the sale on X, writing “This is YOUR chance to help shape the future of finance.”
Tomorrow’s sale would be latest step in what’s been a bumpy rollout for WLF. The project’s supposed launch date came and went last month, only to be soon followed by pushback from members of the crypto community who likened it to a cash grab.
Now, WLF is pushing a governance token, WLFI, that is reportedly nontransferable for at least the first 12 months….