In early 2025, World Liberty Financial (WLFI), a cryptocurrency venture associated with the Trump family, announced a significant investment boost. This development has sparked discussions about potential conflicts of interest and the implications for the broader crypto industry.
💰 Significant Investment and Trump Family Involvement
WLFI has reportedly raised over $550 million through the sale of governance tokens, with the majority of funds coming after President Trump's election victory. The Trump family now controls approximately 60% of the venture and is entitled to 75% of net revenues from token sales, amounting to around $400 million.
🏛️ Regulatory Concerns and Ethical Questions
The intertwining of WLFI's growth with the Trump administration's deregulatory stance on cryptocurrencies has raised eyebrows. Critics argue that the administration's actions, such as appointing crypto-friendly officials and halting enforcement actions against certain crypto firms, may benefit ventures like WLFI.
🔍 Lack of Transparency and Centralization Issues
Despite the substantial funds raised, WLFI has yet to launch a public DeFi platform. The governance tokens sold are non-tradable and grant limited rights to holders, leading to concerns about centralization and the exclusion of public investors from meaningful participation