Trump-Supported WLFI Concludes Successful $590M Crypto Fundraising Round

WLFI, Trump-Endorsed Crypto Project, Secures $590M in Token Sale

World Liberty Financial (WLFI), the cryptocurrency initiative backed by former U.S. President Donald Trump, has successfully concluded its token sale, raising nearly $590 million across two pre-sale rounds, according to on-chain data.

The sizable raise places WLFI among the top 10 largest token sales ever recorded, with data from ICODrops ranking EOS as the highest, having amassed $4.21 billion.

EOS, created by Block.one, was a foundational player in the launch of Bullish, the parent company of CoinDesk.

At Consensus 2025 in Hong Kong, WLFI co-founder Zak Folkman credited Tron’s Justin Sun as a key contributor to the project’s fundraising success.

“When we launched, there was a lot of controversy surrounding our project due to its affiliations,” Folkman noted. “Traditional crypto venture capitalists were hesitant to get involved.”

Momentum picked up after Sun made an initial $30 million investment in November 2024, followed by additional contributions that helped propel the project forward.

“[Sun] understood that regardless of political associations, WLFI represents a significant evolution for crypto,” Folkman said during the panel discussion.

Regulatory guidelines restricted the WLFI token sale to accredited investors only, and the token remains non-transferable and unavailable for public exchange trading. A listing date has yet to be announced.

  • Related Posts

    Crypto-related equities weaken in early trading with Bitcoin holding around $77,000.

    Crypto-linked U.S. stocks declined in pre-market trading as investors continued to assess President Donald Trump’s Friday nomination of Kevin Warsh as Federal Reserve chair, a development that contributed to a…

    Continue reading
    Struggling with losses on paper, Bitcoin ETF holders might throw in the towel.

    Investors in spot Bitcoin ETFs are now sitting on paper losses, creating the risk of redemptions if the market fails to stabilize. Bitcoin’s recent drop to $76,366 has left U.S.-listed…

    Continue reading