Nguyen Khac Hieu
@hieukool
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209 Followers
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World Liberty Financial, a Trump-backed crypto project, has raised a total of $550 million after closing its second token sale, which attracted 85,000 accredited investors and generated $250 million. The WLFI tokens are currently governance tokens and cannot be publicly traded. According to the project's "gold paper," 75% of the funds raised will go to a company associated with Donald Trump, while the remaining 25% will benefit Axiom Management Group, founded by Zachary Folkman and Chase Herro. Co-founder Zach Witkoff emphasized the project's potential to significantly alter digital finance. The company has also built a reserve of cryptocurrencies including ETH, WBTC, and stablecoins like USDC, USDT, and TRX. Notably, investor Justin Sun has increased his investment in WLFI from $30 million to $75 million. 0 reply
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