2 weeks ago
World Liberty Financial, the Trump family-backed crypto venture, is exploring the instauration of a publically traded institution to clasp its WLFI tokens, with a fundraising people of astir $1.5 billion.
The operation of the woody is inactive being finalized, but large investors successful exertion and crypto person been approached, and discussions are said to beryllium progressing quickly, according to a Friday study from Bloomberg.
The determination would spot World Liberty among a increasing question of digital-asset treasury companies, which are publically traded firms holding crypto reserves. These companies person raised an estimated $79 cardinal successful 2025 for Bitcoin purchases alone, per the report.
World Liberty, whose website names Donald Trump arsenic “co-founder emeritus,” launched past twelvemonth with plans for a crypto-lending app and presently offers USD1, a dollar-backed stablecoin.
Related: Bitcoin apt to pb gains from Trump’s 401(k) crypto order
World Liberty’s treasury steadfast to reflector Strategy
The report, citing capitalist materials, said that the World Liberty treasury conveyance would beryllium a ammunition institution already listed connected the Nasdaq, which the task has acquired.
The attack mirrors strategies pioneered by Michael Saylor’s MicroStrategy, present rebranded arsenic Strategy, which transformed itself into a Bitcoin holding institution successful 2020. Strategy has since amassed implicit $72 cardinal successful Bitcoin (BTC) and reached a marketplace headdress of astir $113 billion.
The occurrence of Strategy’s banal arsenic a proxy for Bitcoin has inspired a unreserved of copycats, from a Japanese fund edifice concatenation to caller treasury firms for Ether (ETH), Litecoin (LTC), Sui (SUI) and different altcoins. Trump Media, different family-linked venture, bought $2 cardinal successful Bitcoin earlier this twelvemonth for its ain treasury.
Top 15 Bitcoin treasury firms. Source: BitcoinTreasuries.NetRelated: Trump to motion enforcement bid punishing fiscal institutions for ‘debanking’: Report
Trump reports $57M from WLFI token sales
In June, Trump disclosed earning $57.4 million from his involvement successful World Liberty Financial. In his 2025 nationalist fiscal disclosure, filed with the Office of Government Ethics, Trump reported holding 15.75 cardinal WLFI governance tokens. The filing attributes the income to token sales.
World Liberty Financial has raised astir $550 million done 2 nationalist token sales, positioning itself arsenic a DeFi and stablecoin level aiming to situation accepted finance. High-profile backers see Tron laminitis Justin Sun, who invested $30 cardinal for 2 cardinal tokens, and Web3Port, which contributed $10 cardinal successful January.
Magazine: Trump’s crypto ventures rise struggle of interest, insider trading questions
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