CDS Crypto News WLFI Token Sale Raises $590 Million: A Game-Changer in Crypto
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WLFI Token Sale Raises $590 Million: A Game-Changer in Crypto

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Wlfi Token Sale Raises $590 Million: A Game-Changer In Crypto

WLFI Token Sale: Breaking Records with $590 Million Raised

WLFI TokenWorld Liberty Financial (WLFI), a crypto project backed by Donald Trump, has successfully closed its token sale after raising nearly $590 million. This substantial amount places it among the top ten largest token raises, according to ICODrops data. The record-breaking sale highlights the growing interest in the project despite early skepticism.

Initially, WLFI faced criticism for slow momentum after launching its token sale. However, the situation changed dramatically following an investment from Justin Sun, the founder of Tron, who injected $30 million into the project in November 2024. Sun’s continued investment played a pivotal role in increasing the project’s visibility and attracting more interest. Zak Folkman, WLFI’s co-founder, acknowledged Sun’s contribution during his appearance at Consensus 2025 in Hong Kong, stating, “When we were launching this project, it was a very heated time… there was a lot of scrutiny on our project due to who was involved.”

Wlfi Token Sale Raises $590 Million: A Game-Changer In Crypto

Folkman further explained, “Sun saw that regardless of the outcome, this project is a monumental move forward for the entire crypto community.” Despite initial reluctance from traditional crypto VCs, the backing from Sun provided the necessary momentum for WLFI’s success.

Accredited Investors Only and No Exchange Listing Yet

The token sale rules stipulated that WLFI tokens were available exclusively to accredited investors. Furthermore, these tokens cannot be traded publicly or sold on exchanges, with no set date for an exchange listing. This restriction reflects the project’s focus on maintaining a controlled release, despite its significant fundraising achievement.

With $590 million raised, WLFI’s token sale stands as a significant milestone in the evolving landscape of cryptocurrency projects.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Cryptocurrencies and stocks, particularly in micro-cap companies, are subject to significant volatility and risk. Please conduct thorough research before making any investment decisions.

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Written by
sevval

Şevval has been actively writing since 2022 and is a third-year mathematics student at Ankara University. Her interest in writing is shaped particularly around innovative technologies such as Web3, artificial intelligence, and blockchain. She closely follows developments in these fields and aims to convey complex topics to readers in a clear and engaging manner. She enjoys combining her mathematical knowledge with technology to create content and strives to raise awareness about the digital world of the future.

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