World Liberty Financial and WLFI Token: Trump’s New SEC-Regulated Crypto Venture Explained
Donald Trump has officially launched World Liberty Financial (WLF), a new cryptocurrency project offering borrowing and lending services on the Ethereum blockchain.
The project's governance token, WLFI, will be distributed with 62.66% allocated through a token sale, 17.33% for governance and community growth, and 20% for the team and affiliates.
The sale will be regulated by the SEC, and WLFI will be offered as unregistered securities under Rule 506(c). The revised token allocation plan addresses earlier concerns about insider distribution.
2024-09-18Read