Donald Trump's Company Announces Plan to Issue $1.5 Billion Altcoin - The First Step Has Been Taken
World Liberty Financial, backed by the Trump family, plans to establish a public company operating under a digital asset treasury model. Through this structure, the company will hold its own WLFI token and participate in this new trend in the cryptocurrency market.
According to close sources, the target fund size under the agreement, which is not yet finalized, is estimated to be around $1.5 billion. Negotiations with major investors in technology and cryptocurrency are said to be progressing rapidly.
World Liberty's website lists U.S. President Donald Trump as an "honorary co-founder." Last year, the company announced plans for a cryptocurrency lending application and began offering a dollar-pegged stablecoin called USD1. Although the WLFI token was initially designed as a non-transferable governance token, it will soon be traded on the open market.
Digital asset treasuries, companies raising funds to purchase cryptocurrencies, have announced plans to raise around $79 billion solely for Bitcoin purchases by 2025. While the favorable regulatory environment in the U.S. is driving these initiatives, market experts warn that this model may be riskier for illiquid tokens.