World Liberty Financial (WLFI), Donald Trump-backed crypto project, has closed its token sale after collecting approx. $ 590 million.
The project’s increase of $ 590 million would put it in the top-10 list of token increases, according to data curated by Icodrops. To date, the biggest token sale EOS, raised $ 4.21 billion.
EOS is a blockchain platform developed by Block.one, which later founded Bullish, Coindesk’s owner.
On stage in Consensus 2025 in Hong Kong, WLFI co-founder Zak Folkman throns justed the Justin Sun successfully with the project’s token sale.
After WLFI first launched his sales, its critics called Momentum tremors. But this changed after Sun invested $ 30 million in it in November 2024 and later invested more.
“When we launched this project, it was a very heated time,” Folkman said under consensus. “There was a lot of control on our project because of who was involved.”
This meant that traditional crypto VCs would not touch the token.
“[Sun] So, regardless of the result, this project is a monumental step forward for the entire crypto community, “Folkman added under the consensus panel.
Rules around WLFIS Token Sales mean that the token was only available to accredited investors and cannot be transferred or publicly sold on stock exchanges. A date is not set to an exchange list.
