According to Odaily, the cryptocurrency project World Liberty Financial (WLFI), backed by Donald Trump, has successfully completed its token sale, raising a total of $550 million. This marks one of the largest fundraising events in the crypto space recently, drawing significant attention from investors and the blockchain community.
World Liberty Financial (WLFI) is introduced as a decentralized finance (DeFi) platform aimed at promoting financial freedom through blockchain technology. The project has garnered special interest due to its ties to former U.S. President Donald Trump, who has recently expressed support for cryptocurrencies and made deeper moves into the sector.
During its token sale, WLFI raised $550 million, demonstrating strong investor interest. The project aims to build a decentralized financial ecosystem, offering a variety of blockchain-based products and services to create an open financial system, free from centralized control.
According to industry sources, the funds raised will be used to develop the platform, expand the WLFI ecosystem, and enhance market outreach strategies, including partnerships with industry players.