Trump's World Liberty Financial Raises $550M Amid Controversy
Trump's World Liberty Financial Raises $550M Amid Controversy

Trump's World Liberty Financial Raises $550M Amid Controversy

News summary

World Liberty Financial (WLFI), a crypto project associated with Donald Trump, has raised a total of $550 million from two rounds of token sales, attracting over 85,000 participants. The second round, which collected $250 million, follows a $300 million first round launched in October. Trump is set to receive 75% of the net revenue from these sales, amounting to approximately $390 million after expenses. WLFI has been actively investing in cryptocurrencies like Ether and Tron and is forming partnerships with major blockchain protocols to expand its services. Despite initial challenges in attracting investors, interest surged after Trump's recent election victory. The project aims to redefine digital finance with its upcoming platform, which promises to enhance accessibility for users.

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71639883-fbbd-48af-8cc3-393f63e7b2ef07fd0e62-c9b3-40d6-8df3-b4bd500c56677684cee2-ff92-4e65-86b5-bfb0b188107d
Left 33%
Center 67%
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4
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0
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1
Last Updated
6 days ago
Bias Distribution
67% Center

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