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Trump-Backed Crypto Venture Aims for $1.5 Billion Raise with WLFI Token

Trump-Backed Crypto Venture Aims for $1.5 Billion Raise with WLFI Token

Global Cryptocurrency
Release Time:
2025-08-12 03:52:03
0
BTCCSquare news:

World Liberty Financial, a cryptocurrency venture endorsed by the Trump family, is seeking to raise $1.5 billion through a combination of digital assets and traditional capital. Internal documents reveal a strategic partnership with blockchain firm ALT5 Sigma, a publicly traded entity, as part of the ambitious funding effort.

The WLFI token, issued by World Liberty Financial, is central to the deal. Approximately half the funds will be raised through the token, with the remainder allocated to repurchasing WLFI, debt clearance, and operational expenses. The structure suggests a strategic consolidation of financial control rather than a conventional capital raise.

The TRUMP family maintains active involvement, with Donald Trump listed as co-founder emeritus and his sons Eric and Don Jr. deeply engaged in operations. Eric Trump is joining ALT5's board, while Zach Witkoff assumes the CEO role at the blockchain company. Their participation underscores the venture's political and financial ambitions.

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