Trump-Linked World Liberty Initiative Launches Cryptocurrency Vault Company
According to Jinse Finance, cryptocurrency vault companies are gaining popularity, and World Liberty Financial, backed by the Trump family, plans to capitalize on this trend by establishing a publicly listed company to hold its WLFI tokens. The company is currently seeking investor feedback on this plan. Sources familiar with the matter revealed that the structure of the deal is still being finalized, with a fundraising target of approximately $1.5 billion. The company has already approached major investors in the technology and cryptocurrency sectors, and negotiations are progressing rapidly. The World Liberty website lists Trump as an "Honorary Co-Founder." Last year, the company announced plans to launch a crypto lending application and currently offers a USD-pegged stablecoin, USD1. The company raises funds by selling its WLFI tokens, which were initially designed as non-transferable governance tokens but are now planned to be traded on the open market.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Whale AguilaTrades Opens 25x Leveraged Short Position on ETH 20 Minutes Ago
RootData: SOON Token (SOON) Briefly Surpasses $0.5, Up 62.16% in 24 Hours
Trending news
MoreCrypto prices
More








