Trump and his partners netted $390 million from the WLFI token sale

2025-03-18 08:15:05

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ChainCatcher message, according to the issuance documents of the World Liberty initial token sale, Donald Trump and his associated company DT Marks DEFI LLC will receive 75% of the net proceeds as fees------which amounts to $390 million. Furthermore, token purchasers are currently prohibited from reselling the tokens and have no rights to any profits.

The project launched its initial token sale in mid-October last year and has been promoted to both U.S. and non-U.S. investors.

ChainCatcher previously reported that 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, with WLFI reserving $30 million for company expenses and other costs.

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