Trump Family’s $750 Million Crypto Deal Raises Questions Ahead of WLFI Token Debut
The Trump family's foray into cryptocurrency takes center stage as World Liberty Financial (WLF) prepares to launch its governance token, WLFI. The token's trading debut could significantly reshape the family's financial landscape, potentially netting them an estimated $500 million payday. This windfall stems from a $750 million capital raise by Alt5 Sigma, which was recently acquired by WLF and used the funds to purchase WLFI tokens directly from World Liberty.
The deal's structure has drawn scrutiny from former regulators, who warn it blurs transparency lines and risks conflicts of interest. Corey Frayer, a former senior SEC official, criticized the arrangement as bringing "the worst practices of the crypto ecosystem into regulated public markets." Nevertheless, legal experts note the transaction likely complies with U.S. securities law if disclosures remain complete.
This move underscores how cryptocurrency has rapidly eclipsed real estate as the TRUMP family's primary business focus. The WLFI token launch represents a pivotal moment, testing the intersection of political influence and decentralized finance.