President Donald Trump and his family members saw their net worth increase nearly $6 billion on Monday, minutes after their official deals Ethereum Token WLFI is now live.
Tokens that allow holders to participate in the governance of Trump's crypto platform World Liberty Financial were previously unlocked and could not be traded. This morning, WLFI Release The trading feature, the previously damaged price of the token, has been set to just over $0.30. I then slid to about $0.26 when I wrote it.
This was a major jump in WLFI, initially selling tokens to investors in the fall for 1.5 cents, followed by 5 cents. Round 2 of fundraising. The company raised a total of $500 million from these public sales.
That's especially Trump's Rose Results – Collectively owns 22.5 billion WLFI tokens, according to global Liberty Financial disclosures Website. The pile of tokens representing almost a quarter of the project's total supply is worth a whopping $5.96 billion based on current prices.
The disclosure points out that the token is owned by the president and the entities affiliated with the “specific family.” The identity of those families has not been revealed, but Trump's sons, Eric Trump, Donald Trump Jr. and Baron Trump, are all co-founders of World Freedom.
Will Trump be able to quickly dump those tokens to other investors and make a big profit? The answer is vague.
A statement issued early on Monday by World Freedom announcement The 33.5 billion WLFI tokens reserved for team members are currently do not have It circulates and still remains locked. The project says these tokens will be unlocked over time via vesting schedules, but that schedule remains “TBD.”
Representatives of the world's freedom did not respond immediately when asked Decryption To clarify when Trump's vesting schedule will be decided, or how long it will take.
Currently, of the total supply of 100 billion, approximately 24.7 billion WLFI tokens are in circulation. At current prices, the full dilution rating of the token is worth more than $26 billion.
World Liberty Financial is a decentralized finance project that promises to connect non-tech-savvy retail consumers with a world of often comfortable, independent crypto trading. Despite launching it on its own Stablecoin However, the platform has not yet been released earlier this year.
Since returning to the office, the president and his family have increased their net worth billions through crypto projects, including World Liberty and Trump. Same corner. Earlier this year, Trump and his family won hundreds of millions of dollars Initial sales WLFI to investors.
In a disclosure filed in June, the president said he had put it in his pocket. $57 million From the World Freedom in 2024. That number is poised to be much higher in 2025.
