Trump-Linked World Liberty Initiative Launches Cryptocurrency Vault Company
According to Jinse Finance, cryptocurrency vault companies are gaining popularity, and World Liberty Financial, backed by the Trump family, plans to capitalize on this trend by establishing a publicly listed company to hold its WLFI tokens. The company is currently seeking investor feedback on this plan. Sources familiar with the matter revealed that the structure of the deal is still being finalized, with a fundraising target of approximately $1.5 billion. The company has already approached major investors in the technology and cryptocurrency sectors, and negotiations are progressing rapidly. The World Liberty website lists Trump as an "Honorary Co-Founder." Last year, the company announced plans to launch a crypto lending application and currently offers a USD-pegged stablecoin, USD1. The company raises funds by selling its WLFI tokens, which were initially designed as non-transferable governance tokens but are now planned to be traded on the open market.
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