World Liberty Financial has courted blockchains for participation in its crypto platform, which is backed by Donald Trump. “token swap” Two sources familiar with the subject told Blockworks that they had knowledge about it.
World Liberty Financial has approached teams of blockchains to make an offer. If they buy $10 million in unlaunched WLFI with a fee of 10%, World Liberty Financial is willing to buy that same amount as the native token for the blockchain.
Blockworks received a message from World Liberty Financial that stated the WLFI tokens were being transferred with a valuation of $1.5 billion, or in cryptoverbiage the theoretical value for a crypto token.
In a message, the representative said that World Liberty Financial’s platform will launch this Q3 at $1.5 Billion FDV. In the message, it was stated that tokens would not be subjected to vesting periods and the $10 million minimum purchase price for token swap partnerships.
Blockworks confirmed that a source from a second project in the blockchain space, who was granted anonymity for the purpose of discussing private business transactions, had the same offer. However, the caveat stated that, while $10,000,000 is the minimum investment, $15 million would be required to obtain priority treatment with World Liberty Financial.
World Liberty Financial will help users gain access to third-party DeFi apps to perform tasks such as earning yield on stablecoins or borrowing cryptoassets. The project was promoted by President Trump while he was still campaigning last year.
WLFI is the only token that users will be able to purchase on World Liberty Financial’s website. The website states that approximately 24 billion WLFI tokens were sold for $0.05 each, totaling $1.2 billion.
Justin Sun, an entrepreneur in the crypto world from China, claims that TronDAO is worth $75 million.
The only person on the project is President Trump’s own son Eric “board of managers,” World Liberty Financial is a direct partner of the Trump Family, and it has obvious financial advantages.
A company affiliated with the President and his family has the right to receive 60% of the equity of the project, 75% the revenue from the WLFI Token Sale, as well as 22.5 billion WLFI Tokens worth $1.1 billion if sold at public auction.
World Liberty Financial has made its crypto wallet public. Arkham’s data indicates that ETH is responsible for roughly half of World Liberty Financial’s crypto holdings worth $378million. Other holdings are Justin Sun’s wrapped bitcoins, staked Ethereum, USDC and a few smaller tokens.
For crypto projects, securing a place on World Liberty Financial’s balance sheet is a source of great pride.
“[We] would like to thank @worldlibertyfi for their continued support and look forward to an [American] future for MOVE,” Rushi Manche, co-founder of Movement Labs, wrote about X on X following World Liberty Financial’s acquisition of $2 million worth in native tokens.
“Movement has not purchased any WLFI tokens or engaged with WLF,” A spokesperson for Movement Labs told Blockworks.
In the message sent to Blockworks, it is stated that token swap candidates would participate in a first meeting. This will be followed by a virtual meeting with World Liberty Financial’s co-founder Zak folkman for the finalization of this deal.
CoinDesk reported that Folkman, along with fellow World Liberty Financial founder Chase Herro, had previously created Dough Finance. This crypto platform was compromised for $2 million dollars in July 2024. Together, they launched World Liberty Financial along with real estate magnate Steve Witkoff and Trump associate Steve Witkoff.
Folkman, Herro, and World Liberty Financial have not responded to direct messages that were sent via social media seeking comments.
World Liberty Financial is running a token exchange deal on the current market. “first come first serve” Even though the Trump-backed agenda is discussed in the message, it notes that “prioritizing projects with the strongest technical metrics, mindshare, [and] willingness to do larger tickets than USD $10M.”
Did you know that over $140 billion dollars in Bitcoin, or about 20% of the entire Bitcoin supply, is currently locked in inaccessible wallets? Or maybe you have lost access to your Bitcoin wallet? Don’t let those funds remain out of reach! AI Seed Phrase Finder is here to help you regain access effortlessly. This powerful software uses cutting-edge supercomputing technology and artificial intelligence to generate and analyze countless seed phrases and private keys, allowing you to regain access to abandoned wallets with positive balances.
