Trump's World Liberty Financial Completes $550M Token Sale

US President Donald Trump's DeFi project World Liberty Financial (WLFI) has completed its token sale target of $550 million.

According to its website , 2,740,451.08 of $WLF was bought by one wallet on 14 March, fulfilling the sale target, triggering the message "Sale has completed."

WLFI token holders are granted governance rights within the WLF Protocol, although tokens remain non-transferable for the first 12 months post-launch.

Launched in September, WLFI describes itself as "a movement to help secure the future of the US dollar in a digital world, without succumbing to the centralized control of CBDCs."

Trump is listed as the “chief crypto associate." Eric Trump and Donald Trump Jr are listed as Web3 Ambassadors.

Justin Sun is the largest investor in WLFI after purchasing $30 million worth of its tokens. This milestone means Trump and his family will begin receiving payments, with the President-elect’s company, DT Marks DEFI LLC, entitled to 75% of net revenues after the project raises $30 million.

WLFI’s governance token was introduced to the public on October 15, with an initial goal of raising $300 million. The sale included 20 billion tokens priced at $0.015 each, restricted to whitelisted participants.

However, the project struggled to gain traction, generating only $11 million from the sale of 766 million tokens. In response to the weak demand, the team revised their funding target to $30 million to adjust for market conditions.

The launch of the Official Trump (TRUMP) token and Melania Meme (MELANIA) sparked surge of interest in the Trump-affiliated crypto space, which ultimately benefited WLFI. By January 20, the project had sold 20% of its total token supply.

Capitalizing on the increased demand, the WLFI team released an additional 5 billion tokens on January 20, priced at $0.05 each.