Trump-backed World Liberty Financial’s WLFI token launches at $30B valuation

Home » Ecosystem » Trump-backed World Liberty Financial’s WLFI token launches at $30B valuation

Powered by Gloria | Edited by

WLFI debuts with more tokens in circulation than forecast, propelling it into top-tier crypto valuations at launch.

Trump-backed World Liberty Financial's WLFI token launches at $30B valuation

Key Takeaways

  • World Liberty Financial launched its WLFI token with an initial valuation exceeding $30 billion.
  • The project operates on Ethereum, has backing from Donald Trump, and its USD1 stablecoin is expanding across multiple chains.

Share this article

WLFI, issued by Trump-backed DeFi firm World Liberty Financial, went live on leading exchanges today at $0.3, giving the token a $30 billion fully diluted valuation.

WLFI briefly surpassed $0.33 before retracing. At the time of writing, the token was trading at $0.29, with a market capitalization of $8.7 billion. It is now the 27th-largest crypto asset by market cap, ahead of prominent names such as Litecoin, Toncoin, and Polkadot.

World Liberty Financial has set the total supply of its governance token at 100 billion WLFI. At launch, approximately 25 billion tokens, equivalent to about a quarter of the supply, will be in circulation.

That includes 10 billion tokens allocated to World Liberty Financial, 7 billion for partner Alt5 Sigma Corporation, and 2.8 billion earmarked for liquidity and marketing. Early investors in the project’s funding rounds will also be able to unlock around 4 billion tokens, equal to 20% of their original purchases, through the Lockbox process.

The remaining non-circulating supply consists of nearly 20 billion WLFI for the Treasury, 33.5 billion for the team, 16 billion as the locked portion of the public sale, and 5.8 billion for strategic partners, all subject to vesting or lock-up conditions.

WLFI is now available for spot trading and deposits across Binance, Bybit, MEXC, Bitget, Gate, KuCoin, and Hyperliquid.

Share this article

Read More
Vivian Nguyen

Latest

How to Bet on Soccer: World Cup Betting Guide and Strategies

Soccer This page may contain affiliate links to legal...

Akor Adams transfer: Venezia chief in Spain as Sevilla star nears record-breaking move

Soccer Venezia have stepped up their efforts to sign...

I regret not joining Liverpool – 98-cap Super Eagles star laments

Soccer Nigeria players. Copyright: Imago Super Eagles and Paris FC...

Newsletter

Don't miss

Breitbart Business Digest: Stacking Those $250 Trump Bills

Weekly Wrap: Making It Rain with Trump Bills Welcome back to Friday! This is the Breitbart Business Digest weekly wrap, our septidialogic sweep through the economic and financial news. This week the economy failed to get indigestion from the high price of gas, Treasury Secretary Scott Bessent told us about getting fed at the Fed, Trump

Business seminar in Munich highlights Hong Kong’s strategic roles amidst global shifts (with photos)

Business seminar in Munich highlights Hong Kong's strategic roles amidst global shifts (with photos) ******************************************************************************************      The Hong Kong Economic and Trade Office, Berlin (HKETO Berlin), promoted Hong Kong's unique advantages and strategic roles at the seminar "Hong Kong's strategic role amidst geopolitical tensions" on June 18 (Munich time) in Munich, Germany.             Senior executives, investors

AI for business services: From job fears to productivity

AI for business services: From job fears to productivity