- Trump-backed World Liberty Financial (WLFI) has raised approximately $590 million in its token sale, placing it among the top 10 largest token raises in history.
- Tron‘s Justin Sun played a pivotal role in the project’s success, investing $30 million initially and more later when traditional crypto VCs were reluctant to participate.
- WLFI tokens were only available to accredited investors and cannot yet be transferred or publicly traded, with no exchange listing date announced.
The Donald Trump-endorsed cryptocurrency project World Liberty Financial (WLFI) has concluded its token sale after securing approximately $590 million, cementing its position as one of the largest crypto fundraising efforts in history. The substantial raise places WLFI in the top 10 token sales of all time, according to industry tracking.
With this fundraising achievement, WLFI ranks among cryptocurrency’s most successful token launches, though it remains well behind the record holder EOS, which raised $4.21 billion, ICO/”>according to data curated by ICODrops. EOS was developed by Block.one, the company that later established Bullish, which owns CoinDesk.
Speaking at Consensus 2025 in Hong Kong, Zak Folkman, co-founder of WLFI, credited Justin Sun, the founder of Tron, for the project’s fundraising success. While the token sale initially struggled to gain momentum and faced criticism, Sun’s involvement transformed its trajectory.
“When we were launching this project, it was a very heated time. There was a lot of scrutiny on our project due to who was involved,” Folkman explained during his Consensus panel appearance. The political associations of the project apparently deterred traditional cryptocurrency venture capital firms from participating.
The turning point came when Sun invested $30 million in November 2024 and subsequently increased his stake. Folkman acknowledged Sun’s contribution during the Consensus event, stating: “[Sun] saw that regardless of the outcome, this project is a monumental move forward for the entire crypto community.”
Despite the successful fundraise, WLFI tokens remain subject to significant restrictions. The token sale was exclusively available to accredited investors, and current rules prohibit token transfers or public trading on cryptocurrency exchanges. No timeline has been announced for when WLFI might become available for exchange listing.
The project’s significant raise demonstrates continued investor interest in high-profile cryptocurrency ventures, even amid regulatory uncertainties and market fluctuations that have characterized the sector in recent years.
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