Donald Trump

World

Liberty

DeFi

<p>The former president Donald Trump is accelerating in the world of crypto and decentralized finance by officially launching the sale of his WLFI token, scheduled for October 15. This event marks a significant milestone for World Liberty Financial, the DeFi project developed by the Trump family. With a sale aiming to raise $300 million, this initiative is set in a busy calendar, just a few weeks before the American presidential election.</p> 
<h2 id="h-donald-trump-s-crypto-project-takes-shape">Donald Trump’s crypto project takes shape</h2> 
<p>Donald Trump, the candidate who promises to <a href="https://www.cointribune.com/en/bitcoin-why-does-trump-want-to-save-ross-ulbricht/" target="_blank" rel="noreferrer noopener">save Ross Ulbricht once elected</a>, does not hide his ambitions by announcing the <strong>sale of 20% of the WLFI tokens from October 15</strong>. The former president took advantage of <a href="https://x.com/realDonaldTrump/status/1845179557852377508" target="_blank" rel="noreferrer noopener">a tweet on October 12</a> to remind his supporters to prepare for this event, with <strong>an information session scheduled the day before on X Spaces</strong>.</p>
<div class="my-4">
 <div class="ads " data-page-type="" data-location="1"> 
 </div> 
</div> 
<figure class="wp-block-embed aligncenter is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <div class="entry-content-asset">
   <div class="social-embed-container">
    <blockquote class="twitter-tweet" data-width="500" data-dnt="true">
     <p lang="en" dir="ltr">.<a href="https://twitter.com/worldlibertyfi?ref_src=twsrc%5Etfw">@WorldLibertyFi</a> Token Sale goes live on Tuesday morning, October 15th! This is YOUR chance to help shape the future of finance. Be there on Monday, October 14th at 8 AM EST for an Exclusive Spaces to learn more. Join the whitelist today and be ready for Tuesday:…</p>— Donald J. Trump (@realDonaldTrump) <a href="https://twitter.com/realDonaldTrump/status/1845179557852377508?ref_src=twsrc%5Etfw">October 12, 2024</a>
    </blockquote>
    <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
   </div>
  </div> 
 </div>
</figure> 
<p>The goal is clear: <strong>to raise $300 million to reach a valuation of $1.5 billion</strong>.</p> 
<p>As of today, <strong>registrations on the <a href="https://worldlibertyfinance.xyz/" target="_blank" rel="noreferrer noopener">whitelist</a></strong> are open to accredited crypto investors based in the United States and non-U.S. residents, with mandatory identity verification (KYC) procedure.</p> 
<div class="affiliate-button"> <a class="affiliate-button__link" href="https://www.bitmart.com/register-referral/en?r=VanRSD" target="_blank" rel="noreferrer noopener">Your 1st cryptos with BitMart</a> <a class="affiliate-button__disclaimer" href="https://www.cointribune.com/en/sponsored-content/" target="_blank" rel="noreferrer noopener">This link uses an affiliate program.</a> 
</div> 
<p>The timing seems tailor-made, as this crypto sale occurs barely <strong>three weeks before the presidential election on November 5</strong>. Coincidence? Perhaps not, as Trump intends to draw attention to his innovative project in the midst of the electoral campaign.</p> 
<p>“<em>This token sale is a unique opportunity to shape the future of finance</em>“, he declared with his usual enthusiasm.</p> 
<h2 id="h-the-market-in-turmoil-with-world-liberty-financial">The market in turmoil with World Liberty Financial</h2> 
<p>World Liberty Financial is not just selling tokens; the project is ambitious with the <strong>development of a crypto debit card</strong> allowing spending of stablecoins with real-world merchants.</p> 
<p>Additionally, a recent proposal on the Aave governance forum mentions the <strong>launch of a version of Aave v3 on Ethereum</strong>, with initial support for USDC and USDT stablecoins, as well as for ETH and WBTC.</p>  
<div class="tradingview-widget-container tradingview--mini-chart"> 
 <div class="tradingview-widget-container__widget"></div> 
 <div class="tradingview--mini-chart--dark"> 
  <script type="text/javascript" src="https://s3.tradingview.com/external-embedding/embed-widget-mini-symbol-overview.js" async>{"symbol":"BINANCE:ETHUSD","width":350,"height":220,"isTransparent":false,"autosize":false,"dateRange":"12M","trendLineColor":"rgba(253,64,19,1)","underLineColor":"rgba(253,64,19,0.6)","underLineBottomColor":"rgba(253,64,19,0)","locale":"en","largeChartUrl":false,"colorTheme":"dark"}</script> 
 </div> 
 <div class="tradingview--mini-chart--light"> 
  <script type="text/javascript" src="https://s3.tradingview.com/external-embedding/embed-widget-mini-symbol-overview.js" async>{"symbol":"BINANCE:ETHUSD","width":350,"height":220,"isTransparent":false,"autosize":false,"dateRange":"12M","trendLineColor":"rgba(253,64,19,1)","underLineColor":"rgba(253,64,19,0.6)","underLineBottomColor":"rgba(253,64,19,0)","locale":"en","largeChartUrl":false,"colorTheme":"light"}</script> 
 </div> 
 <div class="tradingview-widget-copyright">
  <a href="https://fr.tradingview.com/symbols/ETHUSD/?exchange=BINANCE" rel="noopener" target="_blank"><span class="text-primary-color">ETHUSD chart</span></a> by TradingView
 </div> 
</div>  
<p>The key points of the project are as follows:</p> 
<ul> 
 <li>Public sale of 20% of the total WLFI supply on October 15;</li> 
 <li>Goal of $300 million, with a valuation of $1.5 billion;</li> 
 <li>Expansion plan to networks like Scroll, an Ethereum Layer 2 solution.</li> 
</ul> 
<p>The project seems to be gaining <strong>support in the crypto community</strong>, especially among <strong>Aave members</strong>, where the initial proposal has already received favorable feedback.</p>
<div class="my-4">
 <div class="ads " data-page-type="" data-location="2"> 
 </div> 
</div> 
<p>In short, with the <a href="https://www.cointribune.com/en/donald-trump-launches-his-crypto-platform-world-liberty-financial-on-september-16/" target="_blank" rel="noreferrer noopener">launch of the crypto platform World Liberty Financial</a> scheduled for September 16, the WLFI token will be available a month later, paving the way for new prospects for investors and crypto enthusiasts.</p>

Trump’s Crypto Plan: $300 Million To Shake Up The Global Finance

Table of Contents

Cointribune EN

Other articles published on Oct 14, 2024

Kamala Harris Strengthens Ties with Black Male Voters Through Economic Initiatives

Ripple News: What Are the Odds of the SEC Winning Its Appeal?

Ethereum’s Vitalik Buterin Sells Meme Coins for Over $600K in ETH

Qubetics Makes Life Easier for dApps Developers as Chainlink and XRP Brave Market Challenges

BlockDAG’s Bold Push to $100 Million! Kaspa’s Massive Gains & Notcoin’s Rally Hints—What’s Next?

APT, TIA, and WLD Flashing Bullish Breakout Signals: What Traders Should Know

Join our free newsletter for daily crypto updates!