Trump Family Unveils $1.5B Treasury Powerhouse Backing World Liberty Token (WLFI)
The Trump family just dropped a financial bombshell—launching a $1.5 billion treasury company to anchor the World Liberty WLFI token. Because nothing says 'freedom' like a nine-figure crypto play.
### The Big Money Move
Forget political campaigns—this is a capital offensive. The Trumps are diving headfirst into digital assets, betting big on blockchain as the new frontier of wealth preservation. The WLFI token now has a war chest that'd make most altcoins blush.
### Why This Matters
A treasury-backed crypto project changes the game. While DeFi protocols crumble under their own Ponzi mechanics, WLFI enters with institutional-grade firepower. Ironic, given crypto's anti-establishment roots—but since when did populists hate banks?
### The Cynical Take
Another day, another 'liberty'-themed token with billionaire backing. At least this one skipped the shady ICO phase and went straight to the 'throw cash at it' strategy. Progress?
Trump Family Ventures Deeper Into Crypto
This initiative is part of a broader strategy by the TRUMP family to leverage the growing trend of utilizing publicly traded or blank-check companies to provide investors with greater access to cryptocurrencies.
This approach gained traction thanks to figures like Michael Saylor, who transformed Strategy (previously MicroStrategy) into a cryptocurrency powerhouse by adding substantial amounts of Bitcoin (BTC) to its balance sheet.
The landscape has since seen a surge of similar ventures. Beyond Bitcoin, various treasury companies have emerged for cryptocurrencies such as Ethereum (ETH), Sui (SUI), Binance Coin (BNB) and Ethena (ENA) each promoting their stocks as a means for traditional investors to engage with the crypto market.
As part of this expansion, Zach Witkoff, the CEO of World Liberty and son of prominent businessman Steve Witkoff, will take on the role of chairman at ALT5 Sigma.
Eric Trump, another son of President Donald Trump and co-founder of World Liberty, will join the board, alongside Zak Folkman, the company’s chief operating officer (COO), who will serve as a board observer.
World Liberty Financial To Make Tokens Tradable
This MOVE marks the latest chapter in the Trump family’s growing involvement in cryptocurrency. In addition to World Liberty’s initiatives, Donald and Melania Trump launched their own memecoins, TRUMP and MELANIA, earlier this year.
Meanwhile, Eric Trump and Donald Trump Jr. have backed World Liberty Financial and established a Bitcoin mining operation under American Bitcoin in partnership with Hut 8.
Furthermore, Trump Media and Technology Group (TMTG), which oversees the social media platform Truth Social, has shifted its focus toward crypto investments, recently adding $2 billion worth of bitcoin to its balance sheet.
Additionally, the holders of the WLFI token have voted overwhelmingly in favor of making their tokens tradable, a decision that could significantly influence their market value and the financial interests of the Trump family.
The proposal to initiate tradability garnered an impressive 99.94% approval from approximately 20,900 votes cast. WLFI Holders expressed their motivations for supporting this move, citing anticipated price increases and a desire to align their investments with their support for Trump.
Featured image from DALL-E, chart from TradingView.com