TL;DR
- World Liberty Financial extends its token sale due to high demand, releasing an additional 5% of its token supply at 5 cents each.
- The initial sale was a success, raising $300 million by selling 20% of the total token supply at 1.5 cents per token.
- Significant investments and strategic partnerships, including Tron founder Justin Sun and the TRUMP memecoin, bolster the project’s potential and visibility.
World Liberty Financial, a decentralized finance platform backed by Donald Trump, has announced an extension of its token sale following overwhelming demand during the initial presale.
We’ve completed our mission and sold 20% of our token supply! Due to massive demand and overwhelming interest, we’ve decided to open up an additional block of 5% of token supply. Please be patient while our team works to relaunch the sale. We’ll share updates here as soon as…
— WLFI (@worldlibertyfi) January 20, 2025
Initial Sale Success
The initial sale of WLFI tokens was a resounding success, with the platform selling 20% of its total token supply for 1.5 cents per token. This initial offering netted the project $300 million, despite initial sluggishness due to the exclusion of US retail investors. The non-transferable tokens will be governance tokens for the upcoming decentralized crypto trading platform.
Additional Token Sale
In response to the massive demand and overwhelming interest, World Liberty Financial has decided to release an additional 5% of its token supply. These additional tokens are being sold for 5 cents each, representing a 230% markup from the initial sale price. The project aims to raise an extra $250 million with this extended sale.
Strategic Investments and Partnerships
The project has attracted significant investment from notable figures in the crypto industry. Tron founder Justin Sun, who initially invested $30 million in November, has announced an additional investment of $45 million, bringing his total investment to $75 million.
This substantial backing underscores the confidence in the project’s potential and its strategic direction. World Liberty Financial has also announced a strategic partnership with TRUMP, the official memecoin of the president-elect.
The TRUMP memecoin experienced a significant price surge upon its launch, although it later saw a 40% drop. This partnership is expected to enhance the platform’s visibility and appeal within the crypto community.
Future Prospects
With the additional token sale and strategic partnerships, World Liberty Financial is well-positioned to capitalize on the growing interest in decentralized finance. The platform’s governance tokens will grant holders voting rights in community proposals, further engaging the community in the project’s development.
As the platform prepares to launch its decentralized crypto trading platform, the extended token sale is a testament to the strong demand and investor confidence in World Liberty Financial’s vision and potential.
