Former President Donald Trump is shifting gears in the world of crypto and decentralized finance by officially launching the sale of his WLFI token, scheduled for October 15. This event marks an important milestone for World Liberty Financial, the DeFi project developed by the Trump family. With a sale that aims to raise $300 million, this initiative is part of a busy schedule, just a few weeks before the US presidential election.
Donald Trump's crypto project is taking shape
Donald Trump, the candidate who promises to save Ross Ulbricht once elected, does not hide his ambitions by announcing the 20% of WLFI tokens on sale from October 15. The former president took advantage ofa tweet on October 12 to remind his supporters to prepare for this event, with an information session planned the day before on X Spaces.
The objective is clear: raise $300 million to reach a valuation of $1.5 billion.
To date, the registrations at the white list are open to accredited crypto investors based in the United States and residents outside the United States, with a mandatory identity verification (KYC) process.
The calendar seems tailor-made, since this crypto sale barely occurs tthree weeks before the presidential election of November 5. Coincidence? Perhaps not, since Trump intends to draw attention to his innovative project in the middle of the electoral campaign.
“ This token sale is a unique opportunity to shape the future of finance “, he declared with his usual enthusiasm.
The market in turmoil with World Liberty Financial
World Liberty Financial doesn't just sell tokens; the project promises to be ambitious with the developing a crypto debit card allowing stablecoins to be spent at real-world merchants.
Furthermore, a recent proposal on the Aave governance forum mentions the launch of a version of Aave v3 on Ethereumwith initial support for stablecoins USDC and USDT, as well as ETH and WBTC.
The key points of the project are as follows:
- Public sale of 20% of WLFI's total supply on October 15;
- Target of $300 million, with a valuation of $1.5 billion;
- Plan to expand to networks like Scroll, a Layer 2 solution from Ethereum.
The project seems to be gaining momentum support in the crypto communityparticularly among Aave memberswhere the initial proposal has already received a favorable reception.
In short, with the launch of the World Liberty Financial crypto platform scheduled for September 16, the WLFI token will be available a month later, paving the way for new perspectives for investors and crypto enthusiasts.
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