World Liberty (WLFI) Plans $1.5B Crypto Treasury

WLFI Eyes $1.5 Billion for Crypto Treasury Firm

World Liberty Financial (WLFI), a DeFi project with ties to the Trump family, is reportedly in talks to launch a public company focused on holding its native crypto asset, WLFI. According to a recent Bloomberg report, the company is aiming to raise approximately $1.5 billion to capitalize this new venture.

The firm is reportedly engaging with major investors across the technology and crypto sectors. Discussions are said to be progressing rapidly, though the final structure of the deal is still being formulated.

WLFI Token Evolution

This strategic move follows World Liberty's completion of a $550 million WLFI token sale in March. Initially conceived as a non-transferable governance token, WLFI is now transitioning to a publicly tradable asset after a recent governance vote.

Expanding DeFi Ecosystem

World Liberty Financial has been actively expanding its DeFi offerings, including the launch of USD1, its flagship stablecoin.

The company also intends to release a crypto lending application that utilizes USD1. This platform is designed to support various activities such as lending, borrowing, and trading digital assets.