Trump-Backed World Liberty Financial Targets $1.5B Public Listing for WLFI Token Venture
World Liberty Financial, a cryptocurrency venture with ties to the Trump family, is accelerating plans to create a publicly traded entity for its WLFI tokens. The firm aims to raise approximately $1.5 billion through this initiative, positioning itself alongside established digital asset treasury companies. High-profile technology and crypto investors are already in advanced discussions, signaling strong institutional interest.
A Nasdaq-listed shell company acquired by World Liberty will serve as the vehicle for the public offering. The move follows the firm's 2023 launch of a crypto-lending app and USD1 stablecoin, marking its aggressive expansion into digital asset infrastructure. Donald TRUMP is listed as "co-founder emeritus" on the company's website, underscoring the political dimension of this financial play.
The WLFI treasury model mirrors strategies employed by major digital asset holding companies, though specific tokenomics details remain undisclosed. Market observers note the timing coincides with growing institutional appetite for regulated crypto exposure, particularly through traditional market structures.