Trump-backed World Liberty Financial completes second round of token sale, raising $550 million

World Liberty Financial, Inc. (WLFI), the company behind the Donald J. Trump-inspired DeFi protocol and governance platform, has successfully completed the second phase of its token sale. The sales conducted in the United States and other countries raised a total of $550 million.

WLFI launched on October 15, 2024 and has since conducted two rounds of token sales. In the first round, the company sold $300 million worth of WLFI tokens, and in the second round, another $250 million worth of tokens. In total, the two rounds of sales raised a total of $550 million.

The token sale attracted more than 85,000 participants, all of whom went through a KYC (Know Your Customer) process to determine their eligibility to participate.

WLFI co-founder Zach Witkoff expressed his gratitude to early supporters and partners who saw the potential of the project. He also said that the token sale is just the beginning and the company is preparing to launch disruptive technologies that will redefine the boundaries of possibility for digital assets.

Over the past six months, WLFI has established important partnerships with leading blockchain protocols and institutions, including Ondo Finance, Ethena, Chainlink, Sui, and Aave. These partnerships enable WLFI to develop and launch its platform faster, aiming to democratize finance for millions of people.