Donald Trump-Inspired World Liberty Financial Exploring $1.5B Crypto Vehicle to Hold #WLFI Tokens. The Donald Trump-inspired World Liberty Financial is exploring plans to create a publicly traded crypto vehicle to hold its WLFI tokens. Notably, World Liberty Financial is already pitching the idea to top Wall Street investors and targets $1.5 billion in fundraising to create and launch the company, Bloomberg reported on August 8. The new prospect adds to the Trump family-backed venture’s many explorations of the digital asset landscape, this time joining the crypto treasury firm boom. Meanwhile, the report, which cited people familiar with the issue, noted that the groundwork of the deal is still being finalized. While they did not reveal further details, they disclosed that World Liberty Financial has involved big investors and major crypto industry leaders, and discussions are advancing rapidly. Notably, the teased $1.5 billion public firm would hold the WLFI token. World Liberty created the token as a non-transferable governance asset, but the public listing would make the tokens tradable in the open market. World Liberty Financial, which initially set out as a DeFi platform to disrupt the traditional financial giants, would further broaden its crypto venture with the public firm. Recall that in March, it launched its dollar-pegged stablecoin, USD1, on Ethereum and BNB Chain.
