World Liberty Financial (worldlibertyfinancial.com)

World Liberty Financial, a Trump-backed venture, recently revealed that over 100,000 accredited investors are already on its whitelist, just days before the WLFI token presale, set for Tuesday.The initiative seeks to raise $300 million and is valued at approximately $1.5 billion. The WLFI token will act as a governance mechanism within the platform, enabling users to engage in services like crypto loans, transactions, liquidity pool creation, and stablecoin operations.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/8ff372af471840fa8d6e585dfdc4e97f.jpg" />The platform aims to provide a comprehensive environment for users seeking financial services in the crypto sector. Co-founders Zachary Folkman and Chase Herro emphasized that all governance-related decisions will strictly follow U.S. regulations, ensuring that any updates align with legal standards.In the U.S., accredited investors are those meeting certain income or net worth thresholds, allowing them to invest in unregistered securities like pre-IPO shares. This suggests that World Liberty Financial has taken a cautious and regulated approach to fundraising, mindful of regulations for international investors as well.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/2e00f00db34841b8b59e67d3c3c99caa.jpeg" />TRUMP’S CRYPTO PROMISE FOR THE U.S.The project has piqued the interest of key players in the crypto space, including Stani Kulechov, founder of Aave, and Sandy Peng, co-founder of the Scroll network, who participated in a call to discuss the presale.Trump, a vocal supporter of cryptocurrencies, has pledged to position the U.S. as a global leader in the space should he win re-election. His potential victory, with a 53.8% chance according to Polymarket, has sparked optimism in the crypto community, in contrast to the perception of Democratic candidate Kamala Harris, who is seen as less favorable to the industry.

Trump-Backed DeFi Platform Launches WLFI Token Presale

Crypto Economy

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