World Liberty Financial (WLFI), the crypto project backed by Donald Trump, has successfully concluded its token sale, raising approximately $590 million.
(World Liberty Financial)
The $590 million raised by the project places it among the top-10 token raises, as reported by ICODrops. The largest token sale to date is EOS, which raised $4.21 billion.
(ICODrops)
EOS, a blockchain platform developed by Block.one, which later founded Bullish, CoinDesk’s owner.
At Consensus 2025 in Hong Kong, WLFI co-founder Zak Folkman attributed the success of the project’s token sale to Tron’s Justin Sun.
Initially criticized for slow momentum, WLFI saw a turnaround after Sun invested $30 million in November 2024 and continued to invest more.
“During the project’s launch, there was intense scrutiny due to the individuals involved,” Folkman stated during Consensus. “This led traditional crypto VCs to steer clear of the token.”
“Sun recognized the significance of this project for the entire crypto community regardless of the outcome,” Folkman added during the Consensus panel.
WLFI’s token sale was limited to accredited investors, with restrictions on transfer and public exchange listing. An exchange listing date has not been announced.