CMC News

World Liberty Financial Seeks $1.5 Billion for Public $WLFI #Treasury Company

Trump family-backed DeFi project World Liberty Financial is raising $1.5 billion to create a publicly traded treasury company holding $WLFI tokens.

Eric Trump and Donald Trump Jr. are expected to serve on the board of the proposed treasury structure, according to Bloomberg and Fortune reports.

The project currently holds nearly $55 million in $ETH, $19 million in wrapped $BTC, and $14 million in $TRX across its digital asset treasury.

Additional holdings include millions in $EOS, $MNT, $ONDO and other tokens as the firm builds its crypto portfolio.

$WLFI tokens will become tradable following last month's near-unanimous community vote, with only early backer tokens initially unlocked.

The remaining supply from the 100 billion total WLFI tokens requires a second community vote to determine release schedules.

Discussions with tech and crypto industry investors are advancing rapidly as the deal structure continues to be finalized.

The project also offers USD1 stablecoin alongside $WLFI and plans to distribute points to stablecoin users.

President Trump's involvement as "co-founder emeritus" has drawn conflict of interest complaints from critics.

The treasury company structure follows the recent explosion of digital asset holding companies in traditional markets.