World Liberty Financial Raises $550M in Token Sale
- World Liberty Financial (WLFI) raised $550 million through its token sale.
- The initial fundraising target was $300 million, later revised upward due to market demand.
- The first phase ended on January 20, distributing 20% of tokens.
- An additional issuance of 5 billion tokens at $0.05 each nearly sold out by March 13.
- WLFI’s cryptocurrency portfolio faced a devaluation from $336 million to $226 million as of March 10.
World Liberty Financial, associated with the Trump family, successfully raised $550 million in its token sale despite an initial target of $300 million and subsequent market challenges. The project faced a portfolio devaluation but continued investing in altcoins like SEI.
Source (2.6)https://coingape.com/world-liberty-financial-wraps-up-token-sale-with-550m-raised-heres-all/?rand=24432
