The highly anticipated token sale for World Liberty Financial (WLFI), a project linked to the Trump family, officially launched today at 12:40 UTC. Blockchain data reveals that over 220 million WLFI tokens were sold within the first 20 minutes of the launch.
These tokens were distributed to over 1,700 unique wallets, indicating a strong initial interest in the project.
A blockchain wallet associated with the sale currently holds nearly $3 million in ether (ETH) and less than $1 million each in tether (USDT) and USD Coin (USDC), highlighting a significant level of early financial backing, according to CoinDesk.
World Liberty Financial’s WLFI token will serve as a governance token, enabling users to participate in decentralized finance (DeFi) activities such as borrowing and lending. The platform aims to raise $300 million through this token sale, with an overall valuation target of $1.5 billion.
The sale’s rapid uptake suggests the platform has attracted substantial attention, both from retail and institutional investors. If the current momentum continues, the project could become a significant player in the DeFi ecosystem.
