🚀 The World Liberty Financial (WLFI) project, backed by the family of former US President Donald Trump, has officially completed its token sale, raising 300 million USD, which is lower than the initial target of 550 million USD.
🟢 This sale, which started in October last year, faced many challenges. Initially, the project only raised 9.8 million USD in the first 12 hours, partly due to website issues and strict KYC verification requirements. Additionally, the WLFI token was locked for trading in the first 12 months and lacked practical applications, causing many investors to be wary.
🟢 However, after the $TRUMP memecoin frenzy in January, interest in WLFI increased. The project raised 300 million USD after selling 20 billion tokens, accounting for 20% of the total supply. To meet demand, World Liberty Financial plans to sell an additional 5% of the total token supply in the near future.
🟢 Notably, entrepreneur Justin Sun invested 75 million USD in WLFI and joined the project's advisory board. Additionally, World Liberty Financial has used part of the raised capital to buy digital assets such as ETH, AAVE, and LINK, reflecting a diversified investment strategy.
