World Liberty Financial is discussing with technology and crypto investors to raise $1.5 billion to establish a publicly listed treasury company.
World Liberty Financial, a decentralized finance project backed by the Trump family, is launching an ambitious plan to raise about $1.5 billion from investors to establish a publicly listed treasury company. According to Bloomberg's report, the company will specialize in holding the project's WLFI token, marking a significant step in expanding the digital asset ecosystem related to the Trump administration.
Discussions with investors in the technology and cryptocurrency industries are 'progressing rapidly,' although the deal structure is still being finalized. This proposal calls for Eric Trump and Donald Trump Jr., the two sons of President Donald Trump, to join the board, according to Fortune, creating a direct connection between the project and the Trump family.
This move aligns with the recent boom trend of digital asset treasury companies, organizations specializing in holding assets ranging from Bitcoin and Ethereum to less popular tokens like HYPE and TAO. The establishment of the WLFI treasury company is therefore not surprising, especially as World Liberty Financial has been actively accumulating tokens from other cryptocurrency projects to form its own digital asset treasury.
Diverse digital asset portfolio
According to data from Arkham, World Liberty Financial currently holds a diverse digital asset portfolio with a large total value. The company owns nearly $55 million in Ethereum (part of which has been staked), $19 million in wrapped bitcoin tokens, nearly $14 million in Tron, along with millions in EOS, Mantle, Ondo, and many other tokens, reflecting a diversified investment strategy in the DeFi ecosystem.
The WLFI token of the project, issued in parallel with the stablecoin USD1, is currently not publicly tradable but will be unlocked for trading in the future. This decision was made following an almost unanimous vote by the holder community last month, showing strong support from early investors.
However, only the tokens sold to early investors will be unlocked in the initial phase. The release schedule for the remaining WLFI tokens in the total supply of 100 billion will be voted on by the community in a second voting round, reflecting a democratic approach to token governance.
The project also plans to distribute reward points to USD1 stablecoin users, according to previous reports from The Block, to encourage the adoption and use of the platform's financial products.
President Trump's involvement in the project as 'honorary co-founder' has raised criticisms about conflicts of interest from critics. These concerns focus on the connection between national leadership positions and personal economic interests in the cryptocurrency sector, especially as the administration is building regulatory policies for the industry.
