The World Liberty Financial protocol, which has the backing of Donald Trump, has successfully raised $550 million through its token sale, bringing its total funding to nearly $600 million.
This decentralized finance initiative, closely linked to the Trump family, achieved the impressive funding milestone by selling its WLFI tokens, according to data from ICO Drops.
The latest fundraising round has valued the project at over $1.5 billion, with prior reports suggesting that World Liberty Financial aimed to raise $300 million to reach this valuation. Since its inception in November 2024, when it initially garnered $30 million from TRON founder Justin Sun, the initiative has amassed a total of $590 million.
The exact number of tokens sold remains unclear, but earlier information indicated that World Liberty Financial might sell up to 20% of its total token supply. Co-founder Zak Folkman reportedly stated on X that over 60% of the supply would be made available to the public, with 17% designated for user rewards and 20% reserved for the team.
With the rapid demand for tokens and their rising prices, the platform seems to have chosen to extend its token sale, likely to take advantage of this momentum and secure additional funding for its ongoing initiatives. “Due to massive demand and overwhelming interest, we’ve decided to open up an additional block of 5% of token supply,” the project announced in a post on X dated January 20.