World Liberty Financial has completed its second sale of WLFI tokens, raising a total of 590 million dollars. The crypto project, which became famous for being supported by the USA President, Donald Trump, also saw the participation of Justin Sun from Tron, who purchased 30 million dollars of WLFI.
WLFI: the crypto project supported by Trump and the raising of $590 million
Among the latest news in the crypto sector, there is the one related to the World Liberty Financial project, which has also become famous for being supported by the USA President, Donald Trump.
In fact, it seems that with the second presale just completed of the WLFI token, the project managed to raise almost 590 million dollars.
At the moment, sales of WLFI are reserved for accredited investors. Not only that, the date on which the WLFI token can be listed on crypto-exchanges has not yet been made official and therefore, at the moment, it cannot be transferred or sold publicly.
The DeFi platform of World Liberty Financial was launched on September 16, 2024, when Trump was still a candidate in the US presidential elections. Nevertheless, his support for the crypto project was made known immediately, as well as his connection with the niche sector of DeFi, in addition to Bitcoin and cryptocurrencies.
In fact, Trump had also written on X about wanting to support the DeFi world against the underhanded mechanisms of the banks and financial elites.
Not only that, it seems that Trump’s further involvement came when he was already the President of the USA, at the end of January 2025. In fact, on that occasion, it was discovered that World Liberty Financial had purchased several ENS (Ethereum Name Service) domains related to the members of the Trump family.
WLFI supported by Trump and the involvement of Justin Sun of Tron
Apparently, behind this second wave of presale of WLFI tokens worth 550 million dollars, there is a new investor: Justin Sun, CEO of Tron.
In fact, on the stage of Consensus 2025 in Hong Kong, the co-founder of WLFI, Zak Folkman, attributed the success of the project’s token sale precisely to Sun.
Sun has invested in this WLFI presale a total of 30 million dollars. On this matter, Folkman commented:
“When we launched this project, the period was very hot. There was a lot of scrutiny on our project because of who was involved […] Sun saw that, regardless of the outcome, this project is a monumental step forward for the entire cryptocurrency community”.
The collaboration with Sui
At the beginning of this month of March 2025, World Liberty Financial had announced its strategic collaboration with Sui, one of the most promising Layer 2 blockchains.
The goal is to explore new blockchain applications that can integrate Sui into the “Macro Strategy”, the strategic reserve of WLFI tokens.
In practice, the Trump-inspired DeFi protocol would have chosen Sui also for its successes, which have allowed SUI to surpass 70 billion dollars in DEX trading volume and reach 67 million user accounts.
