On June 25, 2025, World Liberty Financial (WLFI), a DeFi project backed by U.S. President Donald Trump, confirmed the launch of WLFI token trading after raising $550 million from 25 billion tokens (ICODrops).
Plan to launch WLFI and USD1 trading
WLFI, after a limited token period #WLFI (100 billion total supply) for governance, is preparing to launch trading, attracting U.S. businesses to accumulate WLFI similar to MicroStrategy's Bitcoin strategy. The project is launching a mobile app to support WLFI management, airdrop, and USD1 trading, targeting general users. USD1, a stablecoin pegged to the USD backed by U.S. Treasury bonds, has completed an audit and will soon announce its report. A trial airdrop of USD1 for WLFI holders will take place in early June 2025 to test on-chain distribution.
However, Forbes reports that the Trump family reduced its ownership from 60% to 40% through DT Marks DEFI LLC, raising $190 million, with Trump personally earning $57 million. Eric Trump revealed that WLFI will purchase memecoin $TRUMP and may launch a crypto wallet, Bitcoin-Ethereum ETF.
Impact on the crypto market
WLFI and USD1 boost stablecoin trading and on-chain governance, competing with Aave and Compound.
Conflict of interest risk: Trump's divestment raises concerns about transparency, affecting investors.
Suggestions for investors
Consider WLFI, USD1: WLFI has potential but high legal risks due to its association with Trump. USD1 is safer due to its backing.
Prioritize major assets: Bitcoin, Ethereum, Solana are more stable than memecoin TRUMP.
Monitoring regulations: The GENIUS Act and SEC will impact WLFI and DeFi.
Risk warning: Crypto investment carries high risks due to significant price volatility.