World Liberty Financial (WLFI), a DeFi project backed by the Trump family, has secured over 100,000 accredited US investors for its token pre-sale whitelist, scheduled for October 15. The project is expected to raise $300 million at an estimated valuation of $1.5 billion. This comes just weeks before the US election, in which former President Donald Trump will run as the Republican candidate.

In an X Spaces discussion on October 14, co-founders Zachary Folkman and Chase Herro outlined the platform’s core services, highlighting its long-term goal of making DeFi more accessible. Positioned as a governance token, WLFI will allow users to participate in DeFi activities, including lending, liquidity creation, and stablecoin trading. The two co-founders also confirmed that non-US investors will be carefully vetted before participating in the token pre-sale to comply with local regulations. Several key figures in the crypto space participated in the discussion, including Aave CEO Stani Kulechov and Scroll co-founder Sandy Peng

The project’s governance model will be focused on DeFi, with all decisions made in compliance with US regulatory requirements. This focus on regulatory compliance ensures that the platform operates legally and compliantly, an important step in gaining trust in the emerging crypto industry. The token is designed to operate within the World Liberty Financial platform, which integrates elements of Ethereum and Scroll to provide high liquidity and low-fee transactions.

In addition, the project will integrate the Aave V3 protocol to provide lending services, allowing users to borrow stablecoins and other assets using collateral such as USDC and Ethereum (ETH). Notably, Aave will receive 7% of the WLFI supply as a governance partner