Trump-backed crypto project aims to raise $1.5 billion.
WLFI treasury company to hold diverse cryptocurrency asset portfolio.
Token release plan awaits second vote from WLFI community.
World Liberty Financial, a cryptocurrency venture backed by the Trump family, is pushing forward with a major funding drive. According to Bloomberg, the project is seeking about $1.5 billion from investors to create a publicly traded treasury company holding its WLFI tokens.
Talks with technology and cryptocurrency investors are moving quickly, though the final structure of the plan is still being decided. Fortune reported that Eric Trump and Donald Trump Jr., sons of current US President Donald Trump, are expected to join the board.
Also Read: Ripple’s Surprise $3.28B XRP Unlock Sparks Frenzy in Crypto Community
Expanding a High-Value Digital Asset Portfolio
The decision to launch a WLFI treasury company follows a wave of similar entities accumulating a range of cryptocurrencies. World Liberty Financial has been building a diverse portfolio by acquiring tokens from multiple blockchain projects.
Arkham data shows the firm holds around $55 million worth of Ethereum, part of which is staked, along with $19 million in wrapped bitcoin. It also owns nearly $14 million worth of Tron and additional multi-million-dollar holdings in EOS, Mantle, Ondo, and other assets.
WLFI Token Release and Community Decisions
While the WLFI token is paired with the USD1 stablecoin, it is not yet available for public trading. A vote by token holders last month approved unlocking the tokens for early backers, with a second vote to decide the release schedule for the rest of the 100 billion supply.
Plans also include rewarding USD1 stablecoin users with points, according to earlier reporting by The Block. President Trump’s position as “co-founder emeritus” has drawn criticism from opponents citing conflict of interest concerns.
The combination of a high fundraising target, a growing crypto treasury, and the Trump family’s involvement has drawn significant industry attention. Investors now await further details on the structure and timeline of the funding effort.
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