Degen

World Liberty Financial, the DeFi platform backed by Donald Trump and controlled by his family, has launched a new round of sales, raising the price by 230% to 5 cents after completing its initial token sale at 1.5 cents due to “massive demand.”

The company announced in a statement today that it is now offering another 5% of its tokens after successfully selling 20% ​​of its total. Justin Sun, the founder of Tron, who bought $30 million in tokens in November, said he is investing another $45 million in the project.

The initial sale of 20 billion WLFI tokens, which began on October 15, raised $300 million for the project. The company hopes to raise another $250 million by selling an additional 5 billion tokens. The WLFI token is not currently transferable or transferable and will be used as the governance token for the project’s trading platform.