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Trump and his partners profited $390 million from the issuance of WLFI tokens

Trump and his partners profited $390 million from the issuance of WLFI tokens

Bitget2025/03/18 00:16

The cryptocurrency project promoted by U.S. President Donald Trump - World Liberty Financial, has completed its second round of token sales, raising a total of $550 million. WLFI has reserved $30 million for company expenses and other costs. According to the issuance document of World Liberty's first token sale, Trump and his associated company DT Marks DEFI LLC will collect 75% of the net income as fees - that is, $390 million. In addition, current token purchasers are not allowed to resell tokens and have no right to any profits. The project launched its first token sale in mid-October last year and was promoted to both American and non-American investors. The project launched its first token sale in mid-October last year and was promoted to both American and non-American investors.

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