The World Liberty Financial (WLFI) decentralized finance (DeFi) project has sold all 25 billion WLFI tokens after a lengthy five-month sprint.
Now, with over half a billion behind it, many are hoping to see questions regarding the project’s aims and purpose answered.
Months after going live in October 2024, the WLFI token sale has officially been completed, raising a gigantic $550 million.
Initially, the sale had a supply of 20 billion WLFI tokens for $0.015 a pop, which would have yielded the project $300 million.
However, upon nearing this goal, the team extended their goal by a further 5 billion tokens, but this time at $0.05 per token, which could generate $250 million.
Now that all premium-priced tokens have been sold, the WLFI project has over half a billion in its coffers.
In February, the project introduced its Macro Strategy, a strategic crypto reserve designed to serve as its financial backbone through diversified holdings.
The WLFI team emphasized its commitment to growth, calling for partnerships in traditional finance, PR, and branding.
According to the announcement, a comprehensive proposal detailing the initiative will soon be available on the governance forum, encouraging community feedback and participation.
As part of its expansion, WLFI has been actively acquiring crypto assets.
Data from Arkham Intelligence revealed a $1.9 million MOVE token purchase from the Trump-backed WLFI DeFi platform.
This follows a series of altcoin investments , with the project holding substantial amounts of Tron (TRX), ChainLink (LINK), Aave (AAVE), and Ethena (ENA).
WLFI’s larger allocations include over 63,000 ETH worth $205.16 million, 646.715 Wrapped Bitcoin (WBTC) valued at $67.56 million, 19,412 Lido Staked ETH (STETH) totaling $63.1 million, and $36.44 million in USD Coin (USDC).
The project also invested in Tron, adding 10.8 million TRX worth $2.62 million, bringing its total TRX holdings to approximately $9.01 million.
Tron founder Justin Sun remains one of WLFI’s biggest backers, having invested $75 million into the project through multiple purchases—including a $45 million buy-in on the day of Donald Trump’s inauguration.
On the day of launch, World Liberty Financial shifted just 754.57 million tokens, raising roughly $11.33 million.
That left 19.44 billion of the allocated sale WLFI tokens to go at the time.
Roughly 344 million WLFI tokens were sold in the first hour, followed by a brief website outage. A WLFI advisor reportedly attributed this to excessive traffic, claiming the site received 72 million unique visits in that first hour.
Furthermore, the team claimed before the launch that over 100,000 accredited investors were whitelisted for the sale.
Very little was known about the project upon the rollout of the token sale.
At the time, it simply touted itself as a decentralized finance (DeFi) platform focused on stablecoin payments, borrowing and lending services, and liquidity pools.
What was known about the project is that it will leverage Aave V3 for additional token functionality and that the WLFI token will be untransferrable for its first year of trading.
WLFI is a governance token. Meaning that users can submit, review, and vote on future proposals. Presumably, this lockup period will serve as a formative time for WLFI to receive and act upon community proposals.