Trump-Backed WLFI Targets $1.5B Crypto Fundraise
World Liberty Financial, backed by the Trump family, is making a bold entry into the digital asset space with plans to launch a publicly listed company for its WLFI tokens. The initiative aims to raise approximately $1.5 billion, signaling growing institutional interest in cryptocurrency markets.
Eric Trump and Donald Trump Jr. are slated to join the board, with the family retaining a 60% equity stake. While the deal structure remains under negotiation, the company is actively engaging with prominent tech and crypto investors. This move comes amid heightened regulatory scrutiny and market volatility, positioning the Trump-backed venture as a high-profile test case for institutional crypto adoption.